ATLANTA, Dec. 13, 2024 /PRNewswire/ -- Delta Air Lines' (NYSE:DAL) board of directors today announced Christophe Beck as its newest member.Mr. Beck is the Chairman and Chief Executive Officer of Ecolab Inc. (NYSE:ECL), a global leader in water, hygiene and infection prevention solutions and services that protect people and the resources vital to life. Delta Air Lines’ (NYSE:DAL) board of directors today announced Christophe Beck as its newest member. "We are thrilled to welcome Christophe to the Delta ...

Last month, Delta Air Lines (DAL) management stated in its investor day presentation that 2025 revenues are expected to grow in mid-single digits from the 2024 reported figure. Delta expects to expand capacity by 3-4% in 2025 from 2024.The company also reiterated its fourth-quarter 2024 outlook. DAL expects adjusted earnings of $1.60-$1.85 per share for the fourth quarter of 2024. The adjusted operating margin in the December quarter is expected to be 11-13%. Management projects fourth-quarter 2024 total re ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Delta Air Lines (DAL) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Delta currently has an average brokerage recommendation ...

Delta Air Lines' (DAL 0.31%) recent investor day presentation prompted a slew of upgrades from heavyweight financial companies, including Deutsche Bank, UBS, Citi, and most notably, Morgan Stanley, whose analyst maintained an overweight rating and slapped a $100 price target on the stock -- a figure implying 57% upside at the time of writing. Is Wall Street irrationally exuberant, or are the price target hikes justified?The numbers make Delta Air Lines stock a buyStarting with the three- to five-year target ...

Key TakeawaysDelta said at its annual investor day presentation Wednesday that premium customers are "thriving" in the current economy.The higher-income consumers who take advantage of Delta's premium offerings make up about three-quarters of overall air travel spending.The airline said it expects premium revenue to surpass main-cabin revenue by 2027. Delta Air Lines (DAL) said Wednesday that it sees significant room for its premium offerings to grow over the next several years, thanks to a "thriving" premi ...

Advertisement Delta Air Lines is focusing on premium cabins to boost revenue and outpace economy sales.The premium demand is driven by millennials willing to spend more for an elevated experience.Delta's president suggested budget carrier Spirit failed because it was too focused on low fares.Delta Air Lines believes a premium-focused strategy is the secret sauce to success, as outlined during its Investor Day in Atlanta on Wednesday.President Glen Hauenstein said that premium demand is soaring thanks to mi ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

Delta Air Lines on Wednesday said sales would grow in 2025, citing a "resilient economy" for strong travel demand and credit card spending, especially for higher-end offerings. It also said it expects to grow earnings in the coming years.Delta forecast revenue growth in the mid-single digit percentage points next year compared with 2024, in line with the roughly 6% growth analysts were expecting.In an investor day presentation, the carrier said it would expand flying by 3% to 4% next year from 2024. Delta a ...

This account is managed by Noah's Arc Capital Management. Our goal is provide Wall Street level insights to main street investors. Our research focus is mainly on 20th century stocks (old economy) undergoing a 21st century transformation, but occasionally we'll write on companies that help transform 20th century firms as well. We look for innovations in a business model that will cause a stock to change dramatically. Associated with SA contributors Thomas Potter and Elijah Buell. Analyst's Disclosure: I/we ...

If you'd like to learn more about how to best position yourself in undervalued stocks mispriced by the market during Q4, consider joining Out Fox The Street .The airline sector is finally gaining some altitude, with Delta Air Lines, Inc. (NYSE: DAL ) now trading above pre-Covid levels. The company has successfully transitioned through the damage control following the IT outage back in July. MyMark leads the investing group Out Fox The Street where he shares stock picks and deep research to help readers unco ...