Delta Air Lines To Launch Flights To Lagos From New York

Atlanta, GA-based Delta Air Lines (NYSE:DAL) has announced plans to begin flights to Lagos, Nigeria from the airline’s New York-JFK hub. Scheduled to operate thrice a week, the service is expected to start from Mar 24, 2018 and will complement the existing one to Lagos from Atlanta. The current flights from Atlanta ply four times a week.

We note that Delta already has an impressive presence in Africa, serving four cities namely Accra, Dakar, Johannesburg and Lagos.

Flights between New York-JFK airport and Lagos will function on Airbus A330-200 aircraft, featuring 34 lie-flat seats with direct-aisle access to the Delta One luxury cabin, complementary meals plus several other new and improved facilities.

Delta continues to expand its network and serves customers globally. Last month, the carrier announced non-stop flights to Pittsburgh and New Orleans in a bid to extend services to Boston customers. In June, the carrier commenced services between Atlanta and Seoul, besides Seattle and Chicago.

Zacks Rank & Key Picks

Delta currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in airline space are Deutsche Lufthansa (DE:LHAG) AG (OTC:DLAKY) , Air France-KLM SA (OTC:AFLYY) and SkyWest, Inc. (NASDAQ:SKYW) . While Deutsche Lufthansa and SkyWest sport a Zacks Rank #1 (Strong Buy), Air France-KLM carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Shares of Deutsche Lufthansa and Air France-KLM have soared above 100% in a year, whereas SkyWest shares have rallied 25% over the same period.

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