Delta Air Lines (DAL) had a turbulent third quarter in 2024, as shown by a multitude of major reports and analyses. The company's performance was primarily influenced by
mixed earnings, revenue misses, and weak Q4 guidance. The negative impact of the
CrowdStrike outage on Delta’s operations was highlighted. The airline also experienced weak demand around the US elections, leading to a significant revenue hit. Further,
fuel prices and expansion plans also had a key role in influencing Delta's Q3 earnings. On a positive note,
Susquehanna, HSBC, and Barclays raised their price target for the airline. Moreover, Delta initiated several
new routes in Italy and southern Europe, likely to increase their market reach and competitiveness. Despite disappointing earnings, Delta paid out a dividend, suggesting a level of financial stability.
Delta Air Lines DAL News Analytics from Thu, 11 Jul 2024 07:00:00 GMT to Sat, 12 Oct 2024 20:15:23 GMT -
Rating Minus 3 -
- Innovation Plus 4 - D
- Information Plus 7 - T
- Rumor Minus 4 -
