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Delta Air Lines, INC (NYSE: DAL) | Sales Projections & Market Trends

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. It was founded in 1924 with headquarters in Atlanta, Georgia. As of early 2017, the company operated a fleet of approximately 800 aircraft. 

Describing Delta, and increasing their holding,  Barclays analyst Brandon Oglenski noted that (Delta Airlines has)  "A culture driven by respect for customers and employees blended with shrewd capital management … and …has transformed Delta into one of the largest, safest and most profitable airlines in the world". 

Delta Air Lines experienced a major sales growth followed by a period of lower revenues. DAL is highly correlated with the following macroeconomic indicators:

  • Employment Levels in various sectors
  • Personal Consumption, including health care
  • GDP
Delta Air Lines (NYSE: DAL) correlates with the above macroeconomic indicators.

Delta Air Lines (NYSE: DAL) correlates with the above macroeconomic indicators.

 

SalesForekast™ projects Delta Air Lines to grow at a rate lower than the best-fit line, and remaining largely flat over the next three years. Delta’s future revenue gains are highly uncertain – though the market predicts stronger growth

 

SalesForekast™  projections for Delta Air Lines (NYSE: DAL)

SalesForekast™ projections for Delta Air Lines (NYSE: DAL)

 

Note: SalesForekast™ allows you to change the projected growth rate of macroeconomic indicators. This feature enables the testing of market sensitivities and can help determine how they shape company forecasts.