I’m passionate about finance and investing, focusing on business analysis, fundamental analysis, valuation, and long-term growth, especially in sectors like AI, fintech, finance and tech. I study finance and economy and have hands-on experience in equity research, financial modeling, and creating investment content. I actively analyze publicly traded companies with a focus on business models, earnings performance, and competitive positioning. I also run a finance-focused YouTube channel called “The Market M ...

Tim Seymour kickoff final trades. Yeah, Brandon. By the way, I think you're seeing a poison cover band this weekend.So, I'll I'll give you a reference uh for airlines because it seems every airline stock has uh every rose has its thorn if I may, but not Delta Airlines. And I think airlines are actually going to hit new highs. Delta will.There you go. Thank you, Carter. Well, speaking of that area of the market, Expedia just now back to its highs of four or five years ago.We think it breaks out to new highs. ...

Company Overview - Delta Air Lines (DAL) ended the recent trading session at $57.84, showing a -2.05% change from the previous day's closing price, which lagged behind the S&P 500's 0.4% loss [1] - Over the past month, shares of Delta Air Lines gained 5.48%, outperforming the Transportation sector's gain of 0.13% and the S&P 500's gain of 1.67% [1] Earnings Expectations - Delta Air Lines is expected to report an EPS of $1.48, down 1.33% from the prior-year quarter, with a revenue estimate of $15.77 billion, up 0.59% from the prior-year quarter [2] - Full-year Zacks Consensus Estimates project earnings of $5.63 per share and revenue of $61.84 billion, representing year-over-year changes of -8.6% and +0.32%, respectively [2] Analyst Estimates and Rankings - Recent changes to analyst estimates for Delta Air Lines reflect evolving short-term business trends, with positive revisions indicating optimism about the business outlook [3] - The Zacks Rank system, which integrates estimate changes, currently ranks Delta Air Lines at 3 (Hold), with the Zacks Consensus EPS estimate moving 0.68% lower in the past month [5] Valuation Metrics - Delta Air Lines is trading at a Forward P/E ratio of 10.49, which is a premium compared to the industry average Forward P/E of 9.75 [6] - The company has a PEG ratio of 1.84, while the Transportation - Airline industry had an average PEG ratio of 0.86 [6] Industry Context - The Transportation - Airline industry ranks in the top 42% of all industries, with a current Zacks Industry Rank of 102 [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

达美航空在声明中表示："飞机落地后，机组人员发现左翼襟翼的一部分缺失。该架飞机已停场接受检 修。" 当时机上共有62名乘客和6名机组人员，无人受伤。美国联邦航空管理局正在对此展开调查。 中新网8月21日电据美国有线电视新闻网(CNN)报道，当地时间19日，美国达美航空一架波音737客机在 飞行途中发生部分机翼脱落的情况，部分乘客表示当时"吓坏了"。 图片来源：CNN报道截图 据报道，这架达美航空1893号航班当天从奥兰多国际机场飞往奥斯汀-伯格斯特罗姆国际机场，飞行途 中乘客们注意到机翼后部有部分结构已经断裂。 乘客沙尼拉·阿里夫表示："我们当时以为是严重颠簸，飞机一直在抖动。前排的女士打开遮光板后告诉 我们机翼断了。我打开遮光板一看，吓坏了。" 阿里夫表示担心，由于当时飞机正在高速飞行，她一度担心如果这块部件完全脱落，可能会撞上飞机尾 翼，导致坠机。 （文章来源：中国新闻网） ...

Core Viewpoint - Delta Air Lines and United Airlines are facing proposed class action lawsuits from passengers who claim they were misled into paying extra for "window" seats that do not actually have windows due to design issues in certain aircraft models [1][4]. Group 1: Lawsuit Details - The lawsuits were filed in federal courts in San Francisco and Brooklyn, seeking millions of dollars in damages for over 1 million passengers at each airline [1]. - Passengers allege that Delta and United do not indicate the absence of windows for certain seats during the booking process, unlike competitors such as Alaska Airlines and American Airlines [3][4]. - The complaints highlight that passengers choose window seats for various reasons, including alleviating fear of flying, keeping children occupied, and enjoying the view [3]. Group 2: Aircraft Specifications - The lawsuits specify that certain Boeing 737, Boeing 757, and Airbus A321 aircraft have seats that are designed to have windows but lack them due to the placement of air conditioning ducts, electrical conduits, or other components [2][6]. Group 3: Revenue Implications - Ancillary revenue from services such as seat selection, baggage fees, and cabin upgrades is crucial for airlines to generate additional cash while maintaining lower base fares [5][8]. Group 4: Legal Representation - The Delta lawsuit is led by Nicholas Meyer, while the United lawsuit is represented by Marc Brenman and Aviva Copaken [8]. - One plaintiff reported receiving refunds for some windowless seats but not for others, indicating potential inconsistencies in the airlines' handling of these complaints [8]. Group 5: Third-Party Information - Passengers can utilize third-party websites like SeatGuru to assess the pros and cons of specific seats, including those without windows [9]. - Legal representatives argue that reliance on third-party reviews does not absolve Delta and United from misrepresenting their products [9].

Core Insights - Delta Air Lines (DAL) and American Airlines (AAL) are major players in the U.S. airline industry, with DAL based in Atlanta and AAL in Fort Worth [1][2] - AAL is facing challenges with a projected loss per share for Q3 2025, while DAL has reinstated its earnings guidance, indicating a stronger financial position [3][7] Financial Performance - AAL's second-quarter 2025 results showed better-than-expected earnings, but the outlook for the third quarter is weak, with expected losses between 10 to 60 cents per share [3][6] - DAL reported better-than-expected revenues and earnings for Q2 2025, reinstating its EPS guidance of $5.25-$6.25, and expects free cash flow of $3-$4 billion for the year [9][15] Debt and Costs - AAL's long-term debt stands at $25.3 billion, resulting in a debt-to-capitalization ratio of 94.9%, significantly higher than the industry average of 56.6% [5] - High labor costs are impacting AAL's profitability, with expenses on salaries and wages increasing by 10.9% year over year [5][11] Market Conditions - Both airlines are affected by tariff-induced uncertainty, which is dampening air travel demand [17] - AAL's fuel expenses decreased by 13% to $2.67 billion in Q2 2025, aided by falling oil prices, which could support margins [8][12] Dividend and Liquidity - DAL increased its quarterly dividend by 25% to 18.75 cents per share, reflecting strong cash flow and a shareholder-friendly approach [13][19] - DAL ended Q2 2025 with cash and cash equivalents of $3.33 billion, exceeding its current debt of $2.22 billion, indicating a strong liquidity position [15][19] Investment Outlook - DAL is viewed as a more favorable investment compared to AAL due to its strong liquidity, dividend-paying capacity, and better financial outlook [18][19]

Group 1 - Delta Air Lines shares are considered a good investment opportunity due to consistent demand for premium flights and a clear understanding of earnings [1] - The company's stock is trading at a lower valuation than it should, indicating potential for price appreciation [1] Group 2 - The analyst has a background in equity analysis and has worked across various sectors, providing a strong foundation for identifying value in the market [1] - The focus is on applying Western analytical tools to uncover hidden value in emerging markets, particularly in the CIS region [1]

Regulatory Landscape - The US Justice Department aims to terminate antitrust immunity for Delta and Aeromexico [1]

Group 1: Market Overview - The S&P 500 is expected to have an above-average year in 2025 following a rapid recovery from a steep sell-off in April, with gains of over 20% in both 2023 and 2024 [1][2] Group 2: WM (Waste Management) - WM has outperformed the S&P 500 over the last five and ten years, despite the S&P's gains being driven by megacap tech stocks [4][6] - The company has a stable business model focused on waste management, which is essential as population and economic growth increase the demand for waste collection and processing [5][6] - WM reported a 29.9% total company margin under adjusted EBITDA, with a 7.1% growth in its legacy business and 19% overall revenue growth due to the acquisition of Stericycle [7][9] - The Stericycle acquisition, valued at $7.2 billion, enhances WM's position in the healthcare waste market, while a previous acquisition of Advanced Disposal for $4.6 billion expanded its geographic coverage [8][9] - WM has a premium valuation at 29.9 times forward earnings, supported by stable free cash flow used for dividends, stock repurchases, and reinvestment [9][10] - The company has raised its dividend for 22 consecutive years, with a recent 10% increase, resulting in a yield of 1.5% [10][11] Group 3: IBM (International Business Machines) - IBM, despite being over a century old, is characterized as a growth stock due to its strong exposure to AI, with a generative-AI book of business valued at $7.5 billion since 2023 [12][14] - The stock offers an attractive forward dividend yield of 2.6%, making it a solid option for passive income while benefiting from AI market growth [13][18] - IBM's five-year average payout ratio of 156% raises concerns, but its strong free cash flow covers the dividend, alleviating investor worries [16] Group 4: Delta Air Lines - Delta Air Lines offers a dividend with a current yield of 1.4% and is positioned as a growth stock, contrary to traditional views of airlines as cyclical businesses [19][20] - The company's focus on sustainable premium cabin revenue and loyalty programs reduces earnings cyclicality, contributing to long-term growth potential [20][21] - Delta is well-positioned to manage rising airport costs, as these costs represent a smaller portion of its business compared to low-cost carriers, and the airline industry is exhibiting more disciplined behavior [22]

Core Viewpoint - Delta Airlines is set to launch a direct flight from Los Angeles to Hong Kong in June next year, marking its return to the Hong Kong market after eight years, amidst a strategic adjustment in its U.S.-China route layout [2][3]. Group 1: Market Context - The current U.S.-China direct flight capacity is limited, with only 100 weekly flights allowed under bilateral aviation agreements, significantly down from approximately 300 flights per week before the pandemic [4]. - The U.S. National Travel and Tourism Office predicts that the number of Chinese tourists visiting the U.S. will rebound to 2.7 million by 2025, nearing pre-pandemic levels [4]. - Delta aims to capture diverse passenger demand from the Greater Bay Area and extend its reach to Southeast Asia through the new route [5][10]. Group 2: Competitive Landscape - Delta will face competition from Cathay Pacific and United Airlines, which already operate multiple flights on the same route [11][12]. - United Airlines offers competitive pricing, with its economy class ticket priced at 6,884 RMB, while Cathay Pacific's lowest fare is over 1,500 RMB higher [13]. - Delta's entry into the market coincides with the 23rd FIFA World Cup, potentially boosting travel demand [17]. Group 3: Operational Insights - Delta Airlines is the largest international carrier at Los Angeles International Airport, operating over 160 outbound flights daily to more than 50 destinations [6]. - The new route is expected to facilitate connections for travelers from Shenzhen and other parts of Guangdong, who may prefer to transit through Hong Kong [6][10]. - The passenger load factor for the Hong Kong-Los Angeles route reached 79% in April, indicating strong demand [10]. Group 4: Future Outlook - Analysts express mixed views on Delta's ability to sustain the new route, citing previous failures in the Hong Kong market and the competitive barriers established by existing airlines [21]. - Delta's strategy includes leveraging its partnership with China Eastern Airlines for code-sharing on various domestic and international routes, enhancing operational efficiency [17]. - The market dynamics will evolve as Delta seeks to differentiate itself and capture a share of the growing travel demand between the U.S. and China [21].