$DAL Delta Air Lines Inc Deep Dive and 2024 Outlook

The airline has broken through a key resistance level

Delta Air Lines Inc., founded in 1925, is the oldest operating airline in the United States, headquartered in Atlanta, Georgia. Initially established as a crop-dusting operation, it evolved into a major airline, launching passenger services in 1929. Delta operates over 5,400 flights daily to 325 destinations across six continents, making it one of the largest airlines globally by passenger volume and fleet size.

Delta provides a comprehensive range of services including passenger and cargo transport, aircraft management, and maintenance. Its premium offerings feature various classes such as Delta One®, First Class, and Delta Premium Select. Additionally, Delta has strategic partnerships with airlines like Air France-KLM and Korean Air, enhancing its global reach. It was a pioneer in implementing computerized reservation systems in the 1960s and continues to invest in digital solutions to improve service delivery.

The airline serves approximately 160 million customers annually, primarily targeting affluent travelers with an average household income exceeding $100,000. Delta Air Lines remains a leader in the aviation industry through strategic growth, technological advancements, and a strong focus on customer satisfaction.

The big questions for Delta Air Lines Inc and the stock in 2024?

1. How will Delta manage rising operational costs?

2. How will Delta's financial performance compare with competitors?

3. How will Delta manage rising fuel costs and potential volatility in the global oil market?

4. Will Delta be able to address ongoing labor shortages, particularly for pilots successfully?