US airline Delta sees strong rebound in summer bookings
Carrier says it will have no trouble raising fares to cover fuel prices this quarter
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Carrier says it will have no trouble raising fares to cover fuel prices this quarter
Wall Street analysts are bullish on the airline's planned merger with Frontier.
From Bloomberg Opinion: Frontier Airlines Inc. and Spirit Airlines Inc. are planning to combine to create a low-cost 'disruptive airline' that will deliver an estimated $1 billion of annual savings to consumers. Shares of the other large U.S. airlines — the very carriers that such new competition would presumably disrupt — rallied on the news. 'Something is wrong with this picture,' Brooke Sutherland writes.
JBLU earnings call for the period ending December 31, 2021.
Delta Air Lines, Inc. (NYSE: DAL) shares have weakened from $45.52 to $33.40 since November 08, 2021, and the current price stands at $39.30. Deutsche Bank has a positive view of Delta Air Lines Coronavirus pandemic continues to pose downside risks for the aviation sector, and nobody still doesn’t know when normal demand will return. […]