News Formal

A Decade After Bankruptcy And Merger, Delta Is On Top And Pulling Away From The Pack

  • 📰 Forbes
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

At this time in 2009, Delta was just beginning to stagger to its feet after losing $15.8 billion over the previous 5 years, now the airline is back on top and pulling away from the pack

What a difference a decade makes.

For a company that was considered a weak sister 10 years ago in a chronic money-losing industry, Delta’s turnaround, while not exactly new news anymore, is still rather astounding. So, those who would take Delta’s current string of impressive successes and analysts’ almost unrestrained cheering from the sidelines as signals that it’s okay to bet heavily on airline stocks now should remember the old saw: “the way to make a million dollars in the airline business is to start with a billion dollars.”

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Thanks to Ed Bastian’s art of business recovery economics. GreatStockDelta

Ladies and Gentlemen...The Future of FLIGHT...THE NIMBUS 2000!!!!

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 394. in SE

Sverige Senaste nytt, Sverige Rubriker