Delta Air Lines (DAL) has reportedly purchased a 25% stake in Canadian airline WestJet, and is strengthening its partnerships with Korean Air and WestJet. DAL's net income increased to $240 million in the Q1 earnings report. However, the company has also been subject to a passenger lawsuit because of a massive computer outage. Despite some setbacks, the price target of DAL was increased by UBS. The company is among the stock picks of billionaire Phill Gross with a huge upside potential. DAL has decided to resume flights between Orlando and Pittsburgh after a hiatus of 6 years. Despite a 35% surge, some investors remain cautious about DAL's performance. Amid these updates, DAL is declared to have a significant upside with first-class fundamentals, Dividend has been declared and the strategic investment in WestJet has been announced. It has also expanded its reach into South America. Amid a mixture of economic uncertainty and investor optimism, the company cut its forecast owing to the Trump tariffs, has seen its shares drop, but has also reported earnings surprise.
Delta Air Lines DAL News Analytics from Sun, 05 Jan 2025 08:00:00 GMT to Fri, 09 May 2025 22:04:00 GMT -
Rating 7
- Innovation 2
- Information 5
- Rumor -2
