Delta Air Lines: Multiple Headwinds Call Growth Story Into Question

Oleksandr Sytnyk/iStock via Getty Images Investment Thesis The last time I talked about Delta Air Lines (NYSE: NYSE:DAL), I discussed the company’s FY23 fourth quarter results and argued why a combination of a resurgence in international travel andstrong demand for the airline’s premium products supports its long-term growth story. I had a BUY rating on the stock. Since my article was published in February 2024, the stock has gained 8.45%, underperforming the S&P 500, which gained 13.2% during the same p ...