Delta Air Lines Says It Is Cancelling Flights To Tel Aviv Through Oct. 31
Portfolio Pulse from Benzinga Newsdesk
Delta Air Lines has announced the cancellation of its flights to Tel Aviv through October 31.
October 09, 2023 | 8:21 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Delta Air Lines' decision to cancel flights to Tel Aviv through October 31 may impact its revenue and stock price.
Delta Air Lines' decision to cancel flights to Tel Aviv could potentially lead to a decrease in revenue, which may negatively impact its stock price. The extent of the impact will depend on the proportion of Delta's revenue that these flights represent.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
The cancellation of Delta Air Lines' flights to Tel Aviv may have a negative impact on the iShares MSCI Israel ETF (EIS), which includes exposure to the airline industry.
The iShares MSCI Israel ETF (EIS) includes exposure to the airline industry. Therefore, Delta's decision to cancel flights to Tel Aviv could potentially have a negative impact on the ETF, depending on the extent of its exposure to the airline industry and the specific impact of these cancellations on the Israeli economy.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50