Tag Archives: DAL


[DAL – Delta Airlines, UAL – United Continental] So You’re Saying There’s a Chance?

Call me a sucker, but I’m tentatively a believer.  With both stocks priced at under 10x trailing earnings (and 11x forward earnings assuming 1%-2% guided margin compression in 2017 at DAL), the market is skeptical about margin sustainability.  Given the industry’s ignominious legacy of undisciplined competition, where the dumbest competitor has historically set the price […]

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