Delta's Non-Main-Cabin Revenue Hits 61% in 2026 -- Why It Matters for Earnings
The leading network airline is a very different business from what it was a decade ago, and it might be time for the market to rerate its stock.
Overview
The airline industry is notorious for its cyclicality. Traditionally, airlines like Delta Air Lines (NYSE: DAL) are seen as having strong pricing power when travel demand is high, only to suffer when demand wanes, as ticket prices decline while the airline continues to carry high fixed costs.
That said, Delta might not be as risky as you think, and the market may need to rethink how it values the company. Here's why.
Details
Chief Commercial Officer Joe Esposito outlined on the second-quarter earnings call that "diverse revenue streams represented 61% of total revenue in the quarter, up 2 points over last year, with premium and loyalty revenue both up nearly 20%."
Source
Originally published at www.fool.com.