Delta Air Lines (DAL) announced that from this fall, it would start selling Premium Select seats on New York-Los Angeles flights, in a bid to meet the increasing demand for  premium travel experience.To this end, DAL, currently carrying a Zacks Rank #3 (Hold), will initially start offering this international-style premium economy service from Sep 10 on four of its 11 peak-day flights between New York's John F. Kennedy International Airport and Los Angeles International Airport. It will use Boeing 767 widebo ...

These three stocks have excellent long-term secular growth drivers.Great stock ideas can be found in all segments of the market. The three companies below are very different, but for their own reasons, they are all great growth stocks. Here's a look at why contract logistics provider GXO Logistics (GXO 2.37%), Delta Air Lines (DAL 0.12%), and heating, ventilation, and air conditioning (HVAC) company Carrier Global (CARR -0.27%) are all great stocks to buy for growth investors.GXO LogisticsGXO Logistics oper ...

The latest trading session saw Delta Air Lines (DAL) ending at $50.50, denoting a +0.12% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 0.26% for the day. At the same time, the Dow added 0.18%, and the tech-heavy Nasdaq gained 0.35%.The the stock of airline has fallen by 4.11% in the past month, lagging the Transportation sector's loss of 3.26% and the S&P 500's gain of 3.25%.Investors will be eagerly watching for the performance of Delta Air Lines in i ...

A Boeing 767 passenger aircraft of Delta Air Lines arrives from Dublin at JFK International Airport in New York as the Manhattan skyline looms in the background on Feb. 7, 2024.Delta Air Lines said Monday that it will bring its premium economy service to transcontinental flights in September, its latest attempt to boost sales of higher priced tickets to customers willing to splurge for more space and perks.Premium economy is a relatively new class of service that major airlines offer on longer, mostly inter ...

Delta Air Lines (DAL) announced its intention to resume flights to Israel from Jun 7. DAL did not operate flights to Israel since Oct 7, 2023, due to Hamas terror attack and war in Gaza. Its flights on the New York-JFK – Tel Aviv route will be operated by an Airbus A330-900neo that offers customers with nearly 2,000 seats on a weekly-basis.The decision to resume nonstop flights to Israel comes afteran extensive security risk assessment by Delta Air. The airline continues to closely monitor the situation in ...

In the latest market close, Delta Air Lines (DAL) reached $49.90, with a -0.76% movement compared to the previous day. This move lagged the S&P 500's daily loss of 0.74%. Meanwhile, the Dow lost 1.06%, and the Nasdaq, a tech-heavy index, lost 0.58%.The the stock of airline has risen by 0.42% in the past month, leading the Transportation sector's loss of 1.58% and undershooting the S&P 500's gain of 4.27%.Investors will be eagerly watching for the performance of Delta Air Lines in its upcoming earnings discl ...

Can this airline and silver stock continue to beat the market as analysts expect them to?Rising 11% so far, the S&P 500 index is off to a high-flying start to 2024.But some stocks have flown even higher. Delta Air Lines (DAL -0.91%) and Hecla Mining (HL 5.59%) have raced 27% and 21% higher, respectively, and analysts think there's room for these stocks to run even higher. Let's see what two Motley Fool contributors think about the analysts' perspectives and whether they agree that the stocks can continue to ...

Economic Overview - The U.S. economy is demonstrating resilience with recent data indicating growth, including a 25-month high in the S&P Global composite PMI for May [1] - Chief economist Chris Williamson suggests a solid GDP gain for Q2, despite challenges like rising input prices and potential inflationary pressures [1] Okta (OKTA) - Okta, a cybersecurity company, is currently trading at $97.16, having increased 10.28% over the past year but is down 66.7% from its all-time high [2] - The global Identity and Access Management (IAM) market is projected to grow from $12.56 billion in 2022 to $27.88 billion by 2028, with a CAGR of 14.21%, positioning Okta to benefit from this growth [2] - In Q4 2024, Okta reported a 19% YOY revenue increase to $605 million and a net income of $113 million, up 117% YOY, with a cash position of $2.202 billion [3] - Okta's acquisition of Spera aims to enhance its threat detection and security capabilities, reinforcing its market position [3] SoFi Technologies (SOFI) - SoFi Technologies is currently trading at a discount, down 28.29% YTD, but analysts project a 12-month price target of $9.00, indicating a potential 28.21% increase [5] - The global consumer finance market is expected to reach $1.65 trillion by 2030, growing at a CAGR of 7.21%, driven by increased digital platform usage [5] - In Q1 2024, SoFi's revenue rose 37% YOY to $645 million, with net income at $88 million and EBITDA increasing 91% YOY to $144 million, surpassing expectations [6] - SoFi's diversified revenue streams from lending, financial services, and tech platforms are crucial for its profitability during economic downturns [6] Delta Air Lines (DAL) - Delta Air Lines was recognized as the top operating airline for the 13th consecutive year in the Business Travel News Airline Survey, noted for its customer service and expansive network [7] - The global airlines market was valued at $553.9 billion in 2022 and is projected to reach $735 billion by 2030, growing at a CAGR of 3.6% [7] - In Q1 2024, Delta reported $13.75 billion in revenue, a 7.75% YOY increase, with net income and diluted EPS rising over 110% YOY [8] - Delta's earnings forecast for Q2 exceeds expectations, driven by increased global travel demand, making it a strong candidate for long-term investment [8]

After last year’s turbulence, many airline stocks are soaring once again. Delta Air Lines (NYSE:DAL) is one of them. Since the start of the year, Delta Air Lines stock has climbed steadily higher, surging by a total of 31.72%.While you may regret not getting back into the legacy carrier’s shares before this rally, not to worry. There’s still time to catch this flight. At least, based on key takeaways from Delta’s latest earnings release, as well as more recent promising news regarding air travel demand,Cons ...

Delta Air Lines' financial performance has taken off.Delta Air Lines (DAL -1.24%) recently closed the books on a record-setting quarter. The quarter follows a successful 2023 that marked a full return to normal operations following the impacts of the COVID-19 pandemic. Like many consumer-facing businesses, Delta was forced to borrow money to stay in business thanks to pandemic- and shutdown-related pressures. Persistent inflation and economic uncertainty throughout 2022 kept the brakes on Delta's recovery, ...