Group 1 - Delta Air Lines issued a public apology for a social media post perceived as anti-Palestinian, which incorrectly equated the Palestinian flag with Hamas [1][2] - The airline stated that the comment made by an employee was not in line with its values and mission, and the employee has been counseled and removed from supporting Delta's social channels [1][2] - Following the incident, Delta announced that only US flag pins would be permitted on its uniforms starting Monday [2][4] Group 2 - The Council on American-Islamic Relations (CAIR) criticized the incident as an example of anti-Palestinian racism and emphasized the importance of recognizing the Palestinian flag as a symbol of national aspirations for over 7 million Palestinians [2][4] - Delta employees advocating for unionization are demanding a public apology from the airline's leadership and confirmation that flags representing different nations are allowed per policy [4]

Undervalued Stocks Overview - Undervalued stocks with strong fundamentals and sizable dividends can be expected to rise as the market discovers their potential [1] - Long-term investment success often depends on uncovering and holding these hidden gems [1] - Despite the stock market being at an all-time high, there are still bargains to be found [1] Delta Air Lines (DAL) - Delta Air Lines stock fell 7% after Q2 earnings due to forward guidance missing Wall Street expectations [2] - The stock is down 10% over the last 12 months and trading 30% below pre-pandemic levels [2] - Delta is trading at just five times future earnings estimates and pays a quarterly dividend of 15 cents per share [2] - Corporate travel continues to recover from pandemic lows and is expected to rise further [3] General Motors (GM) - General Motors stock has gained 33% this year but is still trading at a price-earnings ratio of five times future earnings estimates [4] - The company reported its best quarterly sales in nearly four years, driven by a 40% increase in EV sales [5] - GM announced a $6 billion stock buyback program and increased its quarterly dividend by 33% to 12 cents per share [5] United Parcel Service (UPS) - UPS stock has declined 25% in the last 12 months and is trading at 20 times future earnings [6] - The company pays a dividend of $1.63 per share, yielding 4.72% [6] - UPS has become the primary air cargo provider for the U.S. Postal Service, replacing FedEx, and sold its third-party logistics business for $1 billion [6]

Oleksandr Sytnyk/iStock via Getty Images Investment Thesis The last time I talked about Delta Air Lines (NYSE: NYSE:DAL), I discussed the company’s FY23 fourth quarter results and argued why a combination of a resurgence in international travel andstrong demand for the airline’s premium products supports its long-term growth story. I had a BUY rating on the stock. Since my article was published in February 2024, the stock has gained 8.45%, underperforming the S&P 500, which gained 13.2% during the same p ...

Business travel at Delta Air Lines is surging, exceeding expectations with “mid-teens” growth, according to a Thursday (July 11) Q2 earnings transcript.Delta President Glen Hauenstein said during the call that Delta benefited from double-digit volume growth in this high-value segment with broad demand and growth across all sectors. He noted that the company’s premium tier continued to perform (10% year-over-year increase) admirably and helped differentiate the airline’s results.“We have runway ahead as we c ...

CNBC's Jim Cramer shared his assessment of Delta Air Lines stock, which reported a revenue miss on Thursday. He said investors should understand that there is a difference between Delta as a stock and Delta as a company."In recent years, we've convinced ourselves that the airline industry has discipline on pricing, but historically, that's not usually the case, and now there's a skunk at the garden party," he said. "Delta the company is terrific. Delta the airline stock is only as good as the weakest compet ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 Or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-5424 DELTA AIR LINES, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification N ...

It’s now earnings season once again, and investors are certainly taking a cautious tone with certain groups of stocks today. Besides tech stocks, which are having a very negative day with the Nasdaq down a whopping 1.7% this afternoon, airline stocks are also seeing marked declines in today’s session.Shares of Delta Airlines (NYSE:DAL), American Airlines (NASDAQ:AAL), and United Airlines (NASDAQ:UAL) are down between 4% and 6% at the time of writing, as Delta was the first of the major carriers to announce ...

This picture taken in Paris on March 3, 2024, shows the silhouette of the Eiffel Tower and the city skyline with cloudy weather.Delta has the most service of any U.S. airline to Paris and has a joint venture with Air France. Together the two carriers have approximately 70% market share in nonstop service between the U.S. and France, according to consulting firm ICF."Unless you're going to the Olympics, people aren't going to Paris...very few are," Bastian told CNBC. "Business travel, you know, other type of ...

Delta shares fell more than 5% Thursday after the airline forecast lower-than-expected quarterly profit — despite a surge in travel this summer.The Atlanta-based carrier Delta blamed discounting pressure in the low end of the market for dampening its pricing power as it predicted an adjusted profit between $1.70 and $2.00 per share in the third quarter through September, compared with analysts’ expectations of $2.05, according to LSEG data.The lowered profit expectations come as airlines are enjoying a summ ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Delta Air Lines reported lower profits as growth in operating expenses outpaced that of revenues. Delta reported lower quarterly profits Thursday despite still-strong travel demand as it moderated a plan to add capacity in the fall in light of industry overcapacity. The big US carrier, which saw jet fuel and salary costs incre ...