5 Things Delta Air Lines, Inc.'s Management Wants You to Know
Delta Air Lines (NYSE: DAL) returned to profit growth last quarter, following several quarters of margin contraction and falling earnings. However, despite the company's target of growing EPS at least 15% annually for the next few years, Delta Air Lines stock still trades for about 10 times earnings. This indicates that many investors doubt Delta can achieve its targets.
Obviously, Delta Air Lines' management feels otherwise. On the company's recent earnings call, several top Delta executives talked about why they are so optimistic. Here are five key points that they highlighted.
Our unit revenues are improving and tracking in line with the plan we laid out at our December investor day. The same is true for our non-fuel cost. However, fuel prices are lower, and this gives us increasing confidence in our ability to drive margin expansion in the back half of the year.
-- Delta Air Lines CEO Ed Bastian
Source: Fool.com
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