
While the entire investing terrain seems marred by the COVID-19 pandemic, there are some stocks that still attract investors.
One of the major airlines of the United States.
Delta Air Lines, Inc., typically referred to as Delta, is one of the major airlines of the United States and a legacy carrier. It is headquartered in Atlanta, Georgia. The airline, along with its subsidiaries and regional affiliates, including Delta Connection, operates over 5,400 flights daily and serves 325 destinations in 52 countries on six continents. Delta is a founding member of the SkyTeam airline alliance.
Delta has nine hubs, with Atlanta being its largest in terms of total passengers and number of departures. It is ranked second among the world’s largest airlines by number of scheduled passengers carried, revenue passenger-kilometers flown, and fleet size. It is ranked 69th on the Fortune 500.
While the entire investing terrain seems marred by the COVID-19 pandemic, there are some stocks that still attract investors.
American Airlines will fly less than 50% of its normal schedule in the fourth quarter. International flights will be reduced to only 25% of last-year levels.
Travel stocks such as shares of airlines, cruise operators, and hotels rose following an FDA announcement on coronavirus treatment and vaccines.