Delta Air Lines Orders 12 Additional A220 Aircraft From Airbus
Portfolio Pulse from Nabaparna Bhattacharya
Delta Air Lines has ordered 12 additional A220-300 aircraft from Airbus, bringing its total firm order to 131 A220s. Delta is currently the world's largest A220 customer and operator. The airline also raised its FY23 outlook in its recent Q2 results, with an EPS of $6 - $7, revenue growth of +17%-20%, an operating margin greater than 12%, and free cash flow of more than $3 billion.
July 14, 2023 | 12:48 pm
News sentiment analysis
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POSITIVE IMPACT
Delta's additional order from Airbus and positive FY23 outlook could boost investor confidence, potentially driving the stock price up.
Delta's additional order signifies its confidence in Airbus' A220 aircraft and its own future growth. The raised FY23 outlook also indicates strong financial performance, which could attract investors and drive the stock price up.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Airbus' continued business with Delta, the world's largest A220 customer, could positively impact its stock in the short term.
The additional order from Delta, a major customer, signifies continued business and potential revenue growth for Airbus. This could positively impact investor sentiment and drive the stock price up.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80