Delta Air Lines (DAL) has shared a new investment plan for its first pilots, including the expectation that fare revenue will exceed gross cabin revenue by 2027.
The airline will introduce new aircraft, such as the A350-1000 with 50% of the original seats, and increase its cabin section. The strategy aims to attract millennial travelers, who are currently spending more on luxury travel than other generations.
Morning Brief Co-hosts Brad Smith and Seana Smith share that despite this investment, Delta’s stock is down pre-market as investors weigh potential returns.
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This article was written by Cindy Mizaku.