All major airlines have enjoyed solid financial upbeat since Oil $USOIL has remained under $50/barrel.
Delta Airlines has subsequently hiked their dividend throughout the quarter and increased share buybacks.
The company is also committed to paying down debt while financial conditions allow for it.
The ITIA's latest data reports a Load Factor of 84.7% - Optimistic readings for airlines.
Traffic growth remains high at 6.8% as more people take to the skies and shipping increases.
I believe this quarter will be bullish for airlines following the summer season.
I'm starting Delta Airlines with a $55.00 PT for the post-earnings price action.
Delta Airlines has subsequently hiked their dividend throughout the quarter and increased share buybacks.
The company is also committed to paying down debt while financial conditions allow for it.
The ITIA's latest data reports a Load Factor of 84.7% - Optimistic readings for airlines.
Traffic growth remains high at 6.8% as more people take to the skies and shipping increases.
I believe this quarter will be bullish for airlines following the summer season.
I'm starting Delta Airlines with a $55.00 PT for the post-earnings price action.