DAL

Delta Air Lines Inc.

Industrial/Transportation


Presented:07/28/2013
Price:$20.98
Cap:$17.80B
Current Price:$52.73
Cap:$34.03B

Presented

Date07/28/2013
Price$20.98
Market Cap$17.80B
Ent Value$26.72B
P/E Ratio56.91x
Book Value$10.74
Div Yield0.8%
Shares O/S846.17M
Ave Daily Vol9,700,000
Short Int2.07%

Current

Price$52.73
Market Cap$34.03B
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. Its route network is centered around a system of hub and international gateway airports in Amsterdam, Atlanta, Cincinnati, Detroit, Memphis, Minneapolis-St. Paul, New York - LaGuardia, New York-JFK, Paris-Charles de Gaulle, Salt Lake City, Seattle and Tokyo-Narita. The company sells its tickets through various distribution channels, including telephone reservations, delta.com, global distribution systems, and online travel agencies. Its also provides aircraft maintenance, repair, and overhaul services for other aviation and airline customers, as well as offers staffing services, professional security and training services, and aviation solutions for third parties; vacation packages; and aircraft charters and aircraft management and programs. As of June 24, 2013, it had a fleet of approximately 700 aircraft. The company was founded in 1924 and is headquartered in Atlanta, Georgia.

Highlights

Everyone at the table nodded as the presenter began to discuss his long thesis on DAL. He said the legacy airline is the market leader in the US, and with its recently completed Terminal 4 at JFK International Airport, and new partnerships/ routes, DAL appears to be very well positioned to benefit from the bullish consolidation trend in the industry and the improving US economy.

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Idea Discussion

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