Boston, MA 01/06/2013 (wallstreetpr) – Delta Air Lines, Inc. (NYSE:DAL) spent the better of 2013 improving its facilities and entering into deals with domestic and international partners. The company management has their eyes fixed in bigger revenues and higher profits. But, is there any chance of this stock being beneficial to investors holding it now, and for those who might want to bet on it this year?
It is fair to say that the company’s efforts have paid off. The company announced that its December passenger revenue rose by 10 percent year-on-year. Delta Air Lines, Inc. (NYSE:DAL) reported its December financial and operating performance last week and it was clear that the time of Thanksgiving played a role in this better than expected monthly performance for December.
But, looking at the groundwork which the company has laid, there are even better things for the company this year. Around October last year, Delta Air Lines, Inc. (NYSE:DAL) announced addition of a new flight to its schedule to China. The new flight schedule would allow the company to boost its passenger revenue and thus higher profits. Delta Air Lines, Inc. (NYSE:DAL) is also seeking to expand its overall international outreach by entering into deals with partners and governments in such regions as Africa to boost its performance.
Fuel reprieve
Delta Air Lines, Inc. (NYSE:DAL)’s strategy to own its own jet fuel supply is working best for its business. The company is now able to control and predict its jet fuel expenses. Furthermore, better oil prices are also expected to bring in incremental revenue for the company.
In other words, the company has opened up sustainable to seemingly promising revenue opportunities by adding new flights to its schedule and going into fuel business.
Investors can keep a close eye on Delta Air Lines, Inc. (NYSE:DAL) for the coming months to see if the positive rally started last year which culminated into better than anticipated performance in 2013 would be able to spill over to 2014 also.
