economy
Jet fuel jump is a buying opportunity for a great airline comeback story, says Tim Seymour
The investor lays out the case for this best-in-class airline for the long term.
TL;DR
- Delta shares are down due to the Iran conflict's impact on fuel prices but are outperforming competitors.
- Delta's ownership of a refinery provides a unique advantage, hedging against higher fuel costs.
- The airline's strong brand perception allows it to pass on increased expenses.
- Delta is expected to surpass its pre-pandemic earnings per share next year.
- The company is noted for its financial strength, efficiency, and a strong customer loyalty program.