Delta Air Lines, Inc. Follows Rivals and Raises Its Unit Revenue Guidance
A bizarre peak-season price war led to somewhat disappointing earnings results for the four largest U.S. airlines last quarter. However, the fourth quarter is shaping up to be much better.
Earlier this month, Southwest Airlines (NYSE: LUV) and United Continental (NYSE: UAL) boosted their Q4 unit revenue forecasts. Last week -- in conjunction with its investor day -- Delta Air Lines (NYSE: DAL) followed suit. This bodes well for airline investors heading into 2018.
Delta Air Lines recently increased its Q4 unit revenue guidance. Image source: Delta Air Lines.
Source: Fool.com
Delta Air Lines Inc. Stock
€47.90
0.580%
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As a result the target price of 53 € shows a slightly positive potential of 10.66% compared to the current price of 47.9 € for Delta Air Lines Inc..
