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-0.000485210738042161 -0.000291899687029346 -0.00125845494209369 -0.00145176599310651 -0.00531798701336349 -0.0094741746101399 -0.00154842151861285 0.00048134451702205
Stock impact report

Low Fuel Costs & Rosy Travel Demand Likely to Aid Airlines' Q3 Results [Yahoo! Finance]

Delta Air Lines, Inc. (DAL) 
Last delta air lines, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.delta.com
Company Research Source: Yahoo! Finance
in the Zacks Airline industry, with Atlanta, GA-based airline heavyweight Delta Air Lines ( DAL slated to release its results on Oct. 10, 2024, before market open. Airlines are expected to perform well in the September quarter, driven by increased passenger volumes and declining fuel costs. Upbeat passenger volumes have always been acting as a tailwind. Higher bookings contribute to the airlines' top-line performance. While air travel demand is particularly strong on the leisure front, business travel has also made an encouraging comeback. Further, the decline in expenses on fuel represents another tailwind for the industry. Notably, oil prices declined 14% in the July-September period. As fuel expenses represent a key input cost for any transportation player, a decline in oil prices bodes well for the bottom-line growth of airline stocks. Backed by these tailwinds mentioned above, the industry has had a solid run on the bourse over the past three months. The Zacks Airline indus Show less Read more
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