Delta Air Traces DAL intends to launch its first-ever nonstop service from Salt Lake Metropolis Worldwide Airport to Seoul-Incheon Worldwide Airport on June 12, 2025. This would be the sole direct flight linking Salt Lake Metropolis to Asia. As soon as the route turns into operational, it should present seamless connections to key locations throughout Asia for vacationers all through the Mountain West and Southwest areas in the US.
The route, after being launched, will probably be Delta’s fifth direct U.S. path to Seoul. DAL will make the most of an Airbus A350, outfitted with all fashionable facilities, to function on the route. By way of this route, DAL and accomplice Korean Air will present entry to Seoul from 14 U.S. gateways. The addition of this path to DAL’s community will strengthen its place as the most important long-haul international provider at Incheon.
Flights on the route, as soon as operational, will function year-round, each day. The choice to launch a flight connecting Salt Lake Metropolis and Seoul is a prudent one as each locations are enticing vacationer spots and the route is prone to invite substantial visitors. This could enhance DAL’s prime line as air-travel demand is buoyant and prone to be so in 2025 as effectively.
Value Efficiency of DAL
Pushed by upbeat air-travel demand, DAL’s shares have gained 28.1% 12 months so far, outperforming its industry’s 25.8% development.
Picture Supply: Zacks Funding Analysis
Zacks Rank
Delta presently carries a Zacks Rank #3 (Maintain).
Shares to Think about
Buyers within the business could take into account shares like C.H. Robinson Worldwide CHRW and Air Transport Service Group ATSG.
C.H. Robinson Worldwide presently sports activities a Zacks Rank #1 (Robust Purchase). You’ll be able to see the complete list of today’s Zacks #1 Rank stocks here.
CHRW has an anticipated earnings development fee of 25.2% for the present 12 months. The corporate has a powerful earnings shock historical past. Its earnings outpaced the Zacks Consensus Estimate in three of the trailing 4 quarters and missed as soon as, delivering a mean shock of seven.3%. Shares of CHRW have risen 47.7% previously six months.
ATSG carries a Zacks Rank #2 (Purchase) at current and has an anticipated earnings development fee of 12% for the present 12 months. The corporate has a combined monitor report with respect to the earnings shock, having surpassed the Zacks Consensus Estimate in two of the trailing 4 quarters and lacking twice. The typical miss is 7.7%. Shares of ATSG have climbed 18.5% previously six months.
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Delta Air Lines, Inc. (DAL) : Free Stock Analysis Report
C.H. Robinson Worldwide, Inc. (CHRW) : Free Stock Analysis Report
Air Transport Services Group, Inc (ATSG) : Free Stock Analysis Report
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