Delta Air Lines, Inc. (DAL)

listen, the stock has been fashionable as of late. However i can see that it is not does not fit into any particular thesis of mine, except, wow, i have no exposure to transportation.

It looks like this was on a limit and i accepted the caps holding as a falling knife.

Like the rest of this sector. The company is scum!!!!!!

Ryan Air, et al will put Delta company out of its misery. Note to all: Carry a riding crop if flying on Ryan Air. You'll need it.

It's is hard to imagine people will stop travelling. The virtual communication can only go so far.

Largest airline in the world. Already went through consolidation. May not reach 1990s levels, but will definitely move up.

Have they ever made a profit? I mean figuring in all the money they lost, all the subsidies, etc. They have never made a penny!

Heavy debt, did not make substantial amount even in the good years. Earnings don't justify valuation given the size of its debt. Intangibles relatively high - may need to be written off to a greater extent - looks to be impaired.

Ultra high Goodwill boosting assets. Plus the obvious losses. Way high debt to equity ratio even with Goodwill.

I flew Delta Airlines this past week for the first time in awhile. Most of their planes are delayed. The lines for customer service for people missing connections were almost a football field long at every airport I landed at. They lost my bags and told me they would deliver them that night, but did not deliver it until the next night. Everytime I called they would give me a different answer about where my bags were. I listened to stories of people offering up seats on full planes for money and first class seats only to not be allowed on the next flight and forced to stay the night in the airport.

I have a hard time believeing that an airline with constant delays and terrible customer service has to good of a future. Now I know this pitch has nothing to do about the numbers, but I believe if you want to know about the future of a company you should go and actually see the company in action. If the company is running well in your opinion than the numbers in the future will most likely reflect it and vice versa. Delta needs to get their act together soon because I am seeing less and less repeat customers. Next time you fly Delta watch the breezeway lane for Delta Sky Miles customers and Elite members the line never has anyone in it. That is because no one flys Delta to many times before they realize.

Hopefully this pitch is useful to give information I noticed that does not have anything to do with the numbers and graphs.

Nothing about the airline industry looks good - high capital expenditures, profits directly related to cost of fuel and difficulty in raising rates while maintaining customer volume.

PEG = 0.71

improving economy

Based on valuation alone Delta should outperform however they should have hedged their fuel cost going forward and the Northwest synergies should kick in soon as well. Cost cutting efforts over the last year should also add tto the bottm line. A better economy will provide a double in less than 12 months.

I fly em

Adding more fees in a recession will not help them.

after this recession is over, we probably wont have a faster mode of transportation other than air. undervalued in my opinion

Consistent negative growth on earnings in the high competitive industry. Increase of oil price in the future and hte weak balance sheet will just make it worse.

They are making good decisions since the merger/acquisition of Northwest to take full advantage of their economies of scale.

nice bear market bounce, but long-term, this stock is going anywhere but up.