Delta Air Lines, Inc. engages in the provision of scheduled air transportation for passengers and cargo. It operates through the Airline and Refinery segments. The Airline segment provides scheduled air transportation for passengers and cargo. The Refinery segment provides jet fuel to the airline segment. The company was founded by Collett Everman Woolman in 1928 and is headquartered in Atlanta, GA.
Like a kid on the way to a beach house, airline investors are incessantly asking “are we there yet” as they see the skyline of pre-covid capacity on the horizon.
Delta’s earnings were kinda similar to a flight that leaves on time but forgets your luggage.
Airline stocks have been flying all over the place this quarter, but Delta earnings indicate that it could soon be time to take off the oxygen mask and enjoy the clear skies.
Thank goodness for all the travelers out there with itchy feet who are determined to make up for lost time after covid, bc they’re sending airline stocks soaring.
Delta narrowly avoids turbulence from Omicron and gets carried higher by a strong gust of Q4 earnings.
Delta Airlines flies on its Buy rating, dumping the weight of cancelled flights to help with takeoff.
Delta reported a third quarter profit thanks to increased demand for travel, but a warning that rising fuel prices will squeeze fourth-quarter profits sends the stock down 5.76% to a monthly low.
Delta Airlines releases its Q1 2021 earnings, with prices tumbling 2.80% as it reports yet another quarterly loss.
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