Delta Air Lines, Inc.'s Profit Will Soar -- If It Can Get Costs Under Control
Last week, Delta Air Lines (NYSE: DAL) gave investors a lot of reasons to be confident in the company's unit revenue trajectory. Management highlighted the strength of Delta's brand -- particularly among millennials who travel frequently for work -- along with the benefits from the carrier's credit card partnership with American Express and its segmentation initiatives.
These factors are already driving tangible results. Delta Air Lines recently took the No. 1 spot in every category in the annual Business Travel News airline survey. Moreover, passenger unit revenue is set to rise 4% year over year this quarter.
Delta's unit revenue growth has accelerated recently. Image source: Delta Air Lines.
Source: Fool.com
Delta Air Lines Inc. Stock
€46.51
3.670%
With 16 Buy predictions and not the single Sell prediction the community is currently very high on Delta Air Lines Inc..
With a target price of 53 € there is a slightly positive potential of 13.97% for Delta Air Lines Inc. compared to the current price of 46.51 €.
