DAL has made a nice upward move of late. Is it time to buy….time to sell….time to hold?????
Is DAL Stock A Buy Right Now?
Here's What Earnings, Delta Stock Chart Show
·
02:20 PM ET 02/22/2021
Airline stocks rallied sharply
Monday, including Delta
Air Lines (DAL),
after Deutsche Bank made bullish comment the airline sector as a whole and
upgraded DAL stock to buy from hold with a 55 price target. But is DAL stock
still a buy after a clearing a buy point last week?
Deutsche Bank analyst Michael
Linenberg upgraded the airline sector to buy as coronavirus hospitalizations
and vaccination rates trend in the right direction.
Delta Stock Fades After Q4
Earnings
DAL stock made a nice stand at
its 10-week moving average during the week
ended Jan. 8. It fell 0.5% for the week but closed near its weekly high as
buyers came in and offered support.
Delta stock looked even better
the following week when shares hit an intraday high of 42.64. But a weekly gain
of 6.5% faded to a loss of 0.1% despite a Q4 earnings report that showed better
than expected revenue and a big drop in daily cash burn.
Read more: https://www.investors.com/research/dal-stock-buy-now/
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Delta Air Lines named 2nd Best Airline in the World according to
eDreams
Wed, February 24, 2021, 8:21 AM4 min read
New eDreams 'Best Airlines in the
World' Report reveals top airlines ranked by: Refunds, Reliability, Customer
Experience and Safety
LONDON, Feb.
24, 2021 /PRNewswire/ -- Delta Air Lines has been named the
second best airline in the world according to eDreams -
one of Europe's largest
online travel agency brands - in its most recent 'Best Airlines in the World'
Report. The survey has been updated this year to reflect the unique and
complicated year faced by travellers and airlines alike, during the COVID-19
pandemic.
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Delta Air Lines and LATAM receive final approval in Brazil
for Joint Venture agreement
Staff
Writer
Feb 24,
2021 8:00pm
IN SUMMARY
Joint Venture agreement also authorized in Uruguay while
application process continues in the U.S., Chile and other jurisdictions.
·
More and improved travel
options, shorter connection times and new routes between North America and
Brazil will be just some of the benefits for customers.
·
The Joint Venture agreement has
also been authorized in Uruguay while the application process continues in the
United States, Chile and other jurisdictions.
Delta Air Lines and LATAM have
received final approval, without conditions, of their commercial agreement
(“trans-American Joint Venture Agreement” or “JVA”) by the Brazilian
competition authority - the Administrative Council for Economic Defense (CADE)
- after initial approval was granted in September 2020. The JVA seeks to
enhance the route networks served by both airlines, delivering a seamless
travel experience between North and South America. The Delta-LATAM agreement has
also been approved in Uruguay while the application process continues in other
countries, including Chile.
“This final approval in Brazil furthers our mission to provide
customers in this important market with the world-class travel experience and
options they deserve,” said Delta CEO Ed
Bastian. “Moving forward, we will continue working with LATAM to unlock
more benefits for our customers and create the premier airline alliance of the
Americas.”
“This ruling reinforces the benefits of this type of
agreement for travelers and enables us to advance in our commitment to
delivering greater and better connectivity between South America and the
world,” said LATAM Airlines Group CEO Roberto
Alvo.
The
ratification by the Brazilian authority supports the work of both airlines to
deliver a broader and more competitive network of benefits for their customers
that will include, among others:
·
Code-share agreements between Delta and certain subsidiaries of
the LATAM group, which allow the purchase of tickets to a larger network of
destinations.
·
Members of the Delta SkyMiles and LATAM Pass programs can redeem
points / miles on both airlines, accessing more than 435 destinations around
the world.
·
Shared terminals and faster connections at Terminal 4 of New
York’s John F. Kennedy International Airport (JFK) and at Terminal 3 of São
Paulo’s Guarulhos Airport (GRU).
·
Reciprocal lounge access: Customers can access 35 Delta Sky Club
lounges in the United States and five LATAM VIP lounges in South America.
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