How to buy Delta Air Lines shares?
Delta Air Lines is one of the most well-known and successful airlines in America. An investment in Delta Air Lines by buying the shares can therefore be interesting. In this article we will discuss the best way to invest in Delta and you will also find the latest share price of the company here.
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How can you actively invest in Delta Air Lines?
It is very interesting to actively speculate on Delta Air Lines’ course of events. The company is highly dependent on the economic situation: only when people fly a lot can Delta Air Lines achieve good results. A pandemic such as the corona crisis greatly reduces air traffic, which immediately causes records loss-making results for the company. As an active investor, you can respond to these kinds of events and still make a positive return.
You can actively respond to these and other market conditions by using CFDs. A CFD is a derivative with which you can open positions on both rising and falling prices. If you expect the share price to fall, you can open a short position. With a short position, you get a positive result at a falling price. A good party to trade CFDs with is Plus500, you can try the possibilities here for free with a demo. Use the button below to instantly open a demo on Plus500;
Are you curious how the company Delta Air Lines performs? In the graph below, you can immediately see how Delta Air Lines’ CFD share has performed over the past period.
About Delta Air Lines
Delta Air Lines is a major US airline. The headquarters of this airline can be found at Hartsfield-Jackson-Airport in Atlanta. This airline mainly has routes in the United States, Canada and Latin America. It also has some routes to and from Asia and Europe.
The airline offers low-cost flights. Passengers choose Delta Air Lines because of its modern fleet, favourable transport rules and the possibility to check in efficiently via the internet or a mobile application.
History of Delta Air Lines
Delta Air Lines was founded in 1928 in the town of Monroe in the American state of Michigan. The airline soon moved to Atlanta where its home base is located at Hartsfield-Jackson Airport. From Atlanta there are flights to Chicago, New Orleans and Cincinnati.
Delta started flying to Venezuela and the Caribbean in the 1950s. The airline was the first customer to order the DC-8 and DC-9. From 1970 Delta only flew jets.
A huge airline
In 2008, Delta Air Lines took over the airline Northwest Airlines, which made the airline much larger. Following the acquisition of Northwest Airlines, Delta Air Lines is the largest airline in the world in terms of flight movements and passenger numbers. Delta actually flies all over the world to over 353 destinations. The relatively large fleet consists of 847 aircraft and a further 190 aircraft have been ordered. These are aircraft replace old aircraft and should further expand the fleet.
Delta Air Lines suffers from the corona crisis
In October 2020, it was announced that Delta Air Lines will retire 383 aircraft early between 2020 and 2025. In addition, the delivery of new aircraft will be partially postponed. The company is suffering from the corona crisis, which resulted in a loss of USD 2,3 billion in the third quarter of 2020. As a result of the extra depreciation of the fleet, the net loss in this third quarter amounts to USD 5,4 billion.
The losses in the third quarter are therefore enormous. Although the company lost USD 1 million every hour in the third quarter, it is unlikely to go bankrupt. Thanks to state aid and the previous profitable years, the company still has USD 21 billion in cash.
Yet, investing in an airline such as Delta Air Lines is now a very tricky business. The famous investor Warren Buffett sold its share in the company, over 11.1%, for $340 million.
Do you think that Delta Air Lines will again achieve good results in the future? In that case, it may be attractive to buy Delta Air Lines shares.
At the end of 2019, Delta Air Lines’ shares were among the best shares for 2020. After all, Delta Air Lines is a growing company. With a favourable price/earnings ratio and a net dividend of 2,73%, the company seemed like a good investment. Due to the corona crisis, this expectation did not materialize. The share price fell sharply in 2020. However, the price chart does show that the share price is rising cautiously from July onwards.
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