Delta Air Lines Stock News

Legacy carriers are leading an impressive rally in airline stocks, but their success will depend on becoming winners-take-all.

Strong demand and limited capacity growth are set to push airfares higher. Aircraft delays have added to growth limitations.

After its 71% increase over the last year, investors could be forgiven for wondering whether there's room for Delta Air Lines (DAL -0.54%) stock to run. I think the answer to that question is yes, and after a slew of analyst price target upgrades, it's clear that Wall Street analysts feel the same way.

Democratic Senator Richard Blumenthal on Friday urged Delta Air Lines and DraftKings to halt a partnership to offer in-flight gaming to passengers.

ATLANTA , Jan. 15, 2025 /PRNewswire/ -- Delta Air Lines' (NYSE:DAL) board of directors today announced Judith McKenna as its newest member, effective February 7, 2025. Ms. McKenna most recently served as President and Chief Executive Officer of Walmart International until her retirement in January 2024, where she was responsible for all aspects of Walmart's business outside the United States.

Delta Air Lines (NYSE: DAL) recently reported its Q4 results, with revenues and earnings exceeding the street estimates. The company reported adjusted revenue of $14.4 billion and earnings of $1.85 on a per share and adjusted basis, compared to the consensus estimates of $14.2 billion and $1.76, respectively.

Megacap tech companies contributed much of the gains that the S&P 500 (^GSPC 0.16%) index saw in 2024. After all, how much impact can dividend payments of a couple of percentage points have when the largest growth stocks are producing epic double-digit (and sometimes triple-digit) percentage returns?

Delta Air Lines released strong Q4 FY24 and full-year earnings, with operating revenue of $61.6 billion and adjusted EPS of $6.16, driving a 10% stock rally. Initiating coverage with a Strong Buy rating and a $97.15 price target, representing a 45% upside, due to Delta's operational excellence and premium revenue strategy. Delta's diversified revenue streams, margin expansion opportunities, and...