Delta Air Lines: Buy On Macroeconomic Strength And Operational Advantage (Rating Upgrade)

Brandon Bell/Getty Images News Introduction In my previous two articles (one) (two), I had a sell rating on Delta Air Lines (NYSE:DAL). During these times, I believed that the macroeconomic headwinds could hinder Delta Air Lines' operations. As the consumer delinquency rates were sharply rising, I thought that the consumers' financial health was deteriorating potentially signaling a headwind to the discretionary and cyclical travel companies like Delta Air Lines. In times of financial pressure, travel is on ...