Equity Analysis /
United States of America

Delta Air Lines Inc: US : Delta Air Lines, Inc. - DAL | Coping Well Despite Middle Seat Syndrome

    Matt Roberts
    Matt Roberts

    CFA, Sr. Res. Assoc.

    15 January 2021
    Published byCGS-CIMB

    Delta's 1Q21 y/y revenue outlook indicating sequential (albeit, modest) improvement was somewhat better than buy-side expectations following the recent negative demand headlines. However, we believe the strength in airline shares on Thursday was primarily driven by a reopening-trade following encou