Delta Air Lines - Travel Boom and Falling Oil Prices Lead to Record Results!

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Business Driver: Delta Air Lines (DAL) has returned to a growth path in recent years, thanks to targeted restructuring efforts. Fueled by a boom in air travel and tourism, the airline has recently shown significant increases in both revenue and earnings, bolstered by rising passenger numbers. Delta Airlines has also significantly improved its margins by focusing on the higher-margin business customer segment. In the recently completed Q3, they reported an EPS of $1.71, well above the consensus expectations of $1.51. The outlook for the current...
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