Breaking News
Get 45% Off 0
🌊 NVIDIA ripple effect: Track AI stocks' response to chip giant's earnings
Explore AI Stocks

Delta (DAL) Reports Impressive February Traffic Figures

By Zacks Investment ResearchStock MarketsMar 04, 2018 09:52PM ET
www.investing.com/analysis/delta-dal-reports-impressive-february-traffic-figures-200295931
Delta (DAL) Reports Impressive February Traffic Figures
By Zacks Investment Research   |  Mar 04, 2018 09:52PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
 
LHAG
+2.85%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
LUV
+1.45%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
DAL
-0.15%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
ICAG
+1.87%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
DLAKY
+1.14%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
ICAGY
+0.74%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

Delta Air Lines, Inc. (NYSE:DAL) has recently reported traffic figures for February 2018. Consolidated traffic, measured in revenue passenger miles (RPMs), came in at 14.69 billion, up 3.8% year over year.

Consolidated capacity (or available seat miles/ASMs) climbed 3.4% to 18.03 billion on a year-over-year basis. Consolidated load factor or percentage of seats filled by passengers inched up 40 basis points to 81.5% owing to traffic growth exceeding capacity expansion.

Additionally, the carrier recorded an 87.8% on-time performance and a 99.9% completion factor (mainline) for the month. Approximately 13 million passengers flew on Delta flights in the month.


In the first two months of the year, Delta generated consolidated RPMs of 30.33 billion (up 1.8% year over year) and ASMs of 37.65 billion (up 2.6% year over year). Notably, load factor was 80.6% compared with 81.1% recorded last February.

For the first quarter of 2018, this Atlanta, GA-based company anticipates capacity to be up approximately 3% on a year-over-year basis. On the unit revenue front, the airline is expected to continue performing well. Notably, the carrier estimates total unit revenues (excluding refinery sales) to increase in the band of 2.5-4.5% (on a year-over-year basis).

Zacks Rank & Other Key Picks

Delta carries a Zacks Rank #2 (Buy). Other top-ranked stocks in the airline space include International Consolidated Airlines Group (LON:ICAG) SA (OTC:ICAGY) , Deutsche Lufthansa (DE:LHAG) AG (OTC:DLAKY) and Southwest Airlines Co. (NYSE:LUV) . While International Consolidated Airlines sports a Zacks Rank #1 (Strong Buy), Deutsche Lufthansa and Southwest Airlines carry a Zacks Rank of 2. You can see the complete list of today’s Zacks #1 Rank stocks here.

Shares of International Consolidated Airlines, Deutsche Lufthansa and Southwest Airlines have rallied more than 10%, 28% and 13%, respectively, in the last six months.

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>



Southwest Airlines Company (LUV): Free Stock Analysis Report

Delta Air Lines, Inc. (DAL): Free Stock Analysis Report

Deutsche Lufthansa AG (DLAKY): Free Stock Analysis Report

International Consolidated Airlines Group SA (ICAGY): Free Stock Analysis Report

Original post

Zacks Investment Research

Delta (DAL) Reports Impressive February Traffic Figures
 

Related Articles

Delta (DAL) Reports Impressive February Traffic Figures

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Apple
Continue with Google
or
Sign up with Email