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
€40.09
1.390%
Delta Air Lines Inc. is currently one of the favorites of our community with 18 Buy predictions and no Sell predictions.
As a result the target price of 55 € shows a positive potential of 37.19% compared to the current price of 40.09 € for Delta Air Lines Inc..
