Boston, MA 10/14/2013 (wallstreetpr) – When Ghana’s president John Mahama visited the U.S. recently, he paid a courtesy call to Delta Air Lines, Inc. (NYSE:DAL) at its Atlanta headquarters. And out of that visit, promises were made. So what has the Ghana’s president taken home? It was not just a model aircraft from the airline company, but a promise that DAL is committed to the improvement of its services in the Ghanaian aviation market to meet customer demands.
DAL’s continued investment in Ghana can be seen through a lot of services and facility improvement like the upgraded Terminal 4 at JFK airport. Since entering Ghanaian aviation service market, DAL has made a series of significant developments in the market both in the air and on the ground.
These developments include a signature Protocol by Delta for Business Elite travelers, upgraded menu and beverage choices onboard, new departure gates at the Kotaka International Airport and intern program for the business students. This intern programs is now on its third year.
The company operates aircraft between Accra-Ghana and NY-JFK. Then from next month, the Business Elite traveling this route will be traded to fully flat-bed seats. The airline company’s promises to Ghana also touch on such things as refurbished economy cabin featuring larger overhead storage and individual entertainment screens.
The improved aviation services to Ghana and Africa by extension makes a lot of business sense to DAL and its investor community. These are opportunities which have the potential of earning both parties massive profits.
By now DAL operates to five cities in five African countries and its airline services have grown from 22 weekly departures to over 40 departures planned starting this winter.
Having acquires 49% stake in its rival Virgin Atlantic and moved to control its own jet fuel prices, DAL is well on course to become what any investor loves – a generous dividend payer. The company reported $0.90 EPS on $9.71 billion revenue for the most recent quarter. And the company is expected to earn $2.80 EPS this fiscal year. There seems to be nothing to stop the company from even exceeding this target considering how it has managed to clear its growth path against rivals.