Delta Air Lines (DAL): Big Improvements Still Ahead

Delta Air Lines (DAL) presented at their 2020 Annual Shareholders Meeting that business is getting back to normal far faster than the market originally expected. Yet, the airline appears far too negative on their path back to cash flow breakeven.The stock is trading around $28 here making any investors buying on the Warren Buffett lows of $20.75 very happy. For a stock that traded above $60 pre-virus, the current price is just a start in the ramp back to normal.Vast Cash Flow ImprovementsDelta Air Lines has seen daily cash burn improve from nearly $100 million back in early April when …read more

Source:: Yahoo Finance

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