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Delta Air Lines, Inc. (DAL) is Attracting Investor Attention: Here is What You Should Know
Zacks Investment Research· 2024-02-09 15:06
Delta Air Lines (DAL) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this airline have returned -4.5%, compared to the Zacks S&P 500 composite's +5.1% change. During this period, the Zacks Transportation - Airline industry, which Delta falls in, has gained 2.1%. The key question now is: What could be the stock's future direction?Although media reports or ...
Delta Air Lines to Present at Upcoming Conferences
Prnewswire· 2024-02-09 14:56
ATLANTA, Feb. 9, 2024 /PRNewswire/ -- Delta Air Lines (NYSE:DAL) will participate in a fireside chat at the Barclays Industrial Select Conference at 9:10 a.m. ET on Thursday, February 22nd, 2024. The company will also present at the J.P. Morgan Industrials Conference at 7:45 a.m. ET on Tuesday, March 12th, 2024. A live webcast of these events will be available at ir.delta.com. An online replay will be available at the same site shortly after each webcast is complete. About Delta No one better connects the ...
Delta Air Lines Declares Quarterly Dividend
Prnewswire· 2024-02-08 21:30
ATLANTA, Feb. 8, 2024 /PRNewswire/ -- Delta Air Lines' (NYSE:DAL) Board of Directors today declared a quarterly dividend of $0.10 per share. The dividend is payable to shareholders of record as of the close of business on Feb. 26, 2024, and will be paid on March 18, 2024. About Delta No one better connects the world Through the warmth and service of Delta Air Lines (NYSE: DAL) people and the power of innovation, Delta never stops looking for ways to make every trip feel tailored to every customer. 100,000 D ...
Delta to debut ‘premium' airport lounges — just months after outrage over Sky Club clampdown
New York Post· 2024-02-08 20:11
Delta Air Lines announced plans to debut a higher tier of exclusive airport lounges — just months after outraging travelers by clamping down on access to its Sky Club.The first of Delta’s newest “premium” lounges is scheduled to open at New York’s John F. Kennedy International Airport in June, the Atlanta-based airline said in a press release issued Thursday.The inaugural lounge is anticipated to span 38,000 square feet, with a full-service brasserie, market and dedicated wellness areas, per the announceme ...
Delta to open a new tier of 'premium' airport lounges this year in high-end travel push
CNBC· 2024-02-08 18:20
Delta Air Lines' popular airport lounges are getting a more exclusive tier, in the airline's latest push to cater to high-spending travelers.The first "premium" lounge is scheduled to open in June at New York's John F. Kennedy International Airport, and at 38,000 square feet, it will be the largest of the carrier's lounges, Delta said on Thursday. Other high-end Delta lounges will open in Boston and Los Angeles later this year.Delta has been building up its network of Sky Clubs in recent years to cater to s ...
A Look at Transport ETFs Post Uninspiring Q4 Earnings
Zacks Investment Research· 2024-02-07 18:06
The fourth-quarter earnings picture for the transportation sector has been unimpressive. This is especially true as earnings of 91.8% of the market capitalization of the sector are down 15.6% on a 0.7% revenue decline. The earnings and revenue beat ratios came in at 72.7% and 63.6%, respectively.As such, transportation ETFs have seen mixed performances over the past month. iShares U.S. Transportation ETF (IYT) and First Trust Nasdaq Transportation ETF (FTXR) have risen 3.4% and 0.9%, respectively, while SPD ...
Delta Air Lines: Strong Tailwinds For The Long Term
Seeking Alpha· 2024-02-07 04:16
Robert Buchel/iStock Editorial via Getty Images Investment Thesis Delta Air Lines (NYSE:DAL) had a phenomenal fourth quarter, ending FY23 on a high. In this article, I argue why, based on the resurgence of international travel along with tremendous growth seen in corporate travel and DAL's premium products, the long-term growth story remains intact for this airline company. A Snapshot Of Delta's Fourth Quarter Results Delta Air Lines ended FY23 on a high, with both the top and bottom lines beating analyst e ...
Gap brings aboard designer Zac Posen, as it aims for a bigger role in ‘the cultural conversation'
Market Watch· 2024-02-06 00:20
Gap Inc. on Monday said it had appointed fashion designer Zac Posen as the clothing retailer’s new creative director and chief creative officer of Old Navy, part of the chain’s search for greater relevance amid uneven demand for apparel. Gap GPS, +0.81% Chief Executive Richard Dickson, in a statement, said Posen’s “technical expertise and cultural clarity have consistently evolved American fashion, making him a great fit for the company as we ignite a new culture of creativity across the portfolio and reinv ...
3 High-Flying Stocks Set to Soar in the Aviation Sector
InvestorPlace· 2024-02-05 20:51
Post-pandemic, the aviation sector is seeing a massive boost in popularity, with travelers around the world seeking to make up for the lost time. Each airline offers a different twist, but not all are priced right or show as much growth potential as the three listed here. Below are three stocks that I expect to take flight in the second half of the 2024 fiscal year and beyond. These airlines bring proven histories of solid fundamentals supporting large, successful fleets that rank some of them among the lar ...
Delta (DAL) to Add Flights for Winter to Boost Connectivity
Zacks Investment Research· 2024-02-05 17:21
Delta Air Lines (DAL) is set to augment its winter 2024 offerings with increased flight services to destinations in Latin America and the Caribbean. The expansion involves the launch of routes from major hubs, including Atlanta, New York-JFK and Minneapolis/St. Paul, to popular tourist destinations, such as Barbados, Puerto Plata and Mazatlán, and increased flights to Curaçao.Joe Esposito, Delta’s senior vice president of network planning, emphasizes the significance of the expanded schedule in providing cu ...