- Delta Air Lines has a history of outperforming their legacy peers and 2021 was no exception.
- The airline is currently focused on doubling down on their premium offerings, international network, and up-gauging the fleet.
- Delta is in a good financial position and will be lowering their debt load significantly by 2024. However, returning cash to shareholders may still be a ways off.
- They will spend the next 2-3 years stabilizing expenses back to their pre-pandemic trajectory and believe strongly that future growth will come from their premium international offerings.
- Delta is positioned to be the most profitable of the legacy carriers in 2022, but growth may lag if business and international travel doesn't return as strongly as they estimate.
For further details see:
Delta Air Lines: Betting On International Travel