Delta Air Lines: Eliminating Disaster Discount

Delta Air Lines entered the crisis already trading at a disaster discount.
The airlines are quickly approaching load factors where average flights are break-even.
The stock has upside from the 52-week high of $63 due to eventual multiple expansion.
Delta Air Lines (NYSE:DAL) continues to rebound from the Buffett lows as airline traffic rises off the April lows. One of the most crucial metrics for valuing the airlines going forward is the load factor. My investment thesis is highly bullish on the airlines even with this recent rally in the stock as the load factors are rising and the potential for eliminating the disaster discount coming out of this down cycle improves the long-term potential of Delta.
Read the full article on Seeking Alpha. 

Disclosure: Long AAL, UAL. Please review the disclaimer page for more details. 

Comments

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Anonymous said…
Make sure you fire a few fireworks from that big mouth of yours Mark. Then wash it down with some bleach.
Anonymous said…
Stoned Fox should jump out of an airplane instead of writing about investing in them.
Anonymous said…
What a fucking pussy... can't stand any debate, so he deletes all the comments. Obviously nothing he writes can stand up to criticism.

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