Report
Chris Higgins
EUR 147.86 For Business Accounts Only

Delta has built a resilient business model that enables it to remain profitable over the full cycle.

Delta’s strategy of operating an older aircraft fleet--at over 16 years on average, the fleet is the oldest among U.S. network carriers--with lower capital costs, but higher maintenance and fuel demands, aligns well with the current environment of low oil prices. Moreover, Delta’s maintenance operations, which typically account for about 10% of an airline’s costs, are among the best in the industry on a per-seat block hour basis, enabling Delta to maintain old aircraft more cost-effectively. In ...
Underlying
Delta Air Lines Inc.

Delta Air Lines provides scheduled air transportation for passengers and cargo. The company serves the Transatlantic, Transpacific and Latin America markets directly on the company and through joint ventures with airline partners. Internationally, the company has hubs and market presence in Amsterdam, London-Heathrow, Mexico City, Paris-Charles de Gaulle and Seoul-Incheon. These arrangements are commercial joint ventures that include joint sales and marketing coordination, co-location of airport facilities and other commercial cooperation arrangements. The company has other businesses arising from its airline operations, including providing maintenance and engineering support for its regional aircraft.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Chris Higgins

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