Delta Air Lines (DAL) stock is down ahead of Thursday's market open — as well as into the trading session — after the company reported a second quarter...
Delta CEO Ed Bastian spoke to Yahoo Finance, stating travel demand and the operator's customers are"very healthy" but has run into challenges in appealing to the"lower-end" traveler due to airfare costs. He also weighed in on Delta's latest partnership with LATAM Airlines to expand travel routes to and from South America.
Uh, but as supply came back, you're starting to see, uh, prices start to to, uh, to to match that accordingly. Yes, and I think when you take a look at the stock's reaction here to this I mean, you're looking at losses of nearly 9% in shares this morning, and you're seeing that across the board when you take a look at Piers.
Yeah, in tandem with the results here, I also was able to ask Ed Bastian about Delta's expansion into the international markets.Here's what he had to say about that. And typically, what that means as well is that that's gonna add a little bit of compression onto the margins year over year.And that's where we were kind of getting back to what the company is expecting for the third quarter here, looking at this range of about a dollar 70 to the high end of $2 which compared to the same quarter last year, came in at about $2.03.
So I think that's also the real question here on the street as they had discussed some of that capacity growth and exactly what that's going to be look like an overall moderation going forward.Investors can earn $154 in monthly cash by investing in this 8% dividend stock. The post This 8% Dividend Stock Pays Cash Every Month appeared first on The Motley Fool Canada.
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