Delta Air Lines plans to announce on Thursday it will apply for a new flight between Seattle and Washington Reagan National Airport as airlines battle over five new daily flights. On May 16, U.S. President Joe Biden signed legislation creating the new flights at the busy airport in Arlington, Virginia. The law requires the U.S. Transportation Department to award the new flights by mid-July.
Look into ETFs as robust passenger demand, upgraded profit forecast, major sporting events in Europe and strong growth in travel demand in Asia paint an optimistic picture for the airline industry.
In the closing of the recent trading day, Delta Air Lines (DAL) stood at $49.86, denoting a -1.83% change from the preceding trading day.