Delta Air Lines (NYSE:DAL) DAL has expanded its partnership with regional carrier Cape Air – a Massachusetts-based airline with a fleet of 100 aircraft, operating more than 400 daily flights. As part of the extended partnership, Delta customers can now book Cape Air flights to certain cities along the northeast U.S. coast through the website and app of the former. Moreover, SkyMiles members can earn and redeem miles on eligible Cape Air flights.
In a statement, Delta stated that, “In celebration of the partnership expansion, members will automatically earn 500 bonus miles on each Cape Air-operated flight booked with Delta and flown from now through August 31, 2021.” Delta and Cape Air have a longstanding relationship of 30 years.
Under the partnership, Delta customers can currently fly eligible Cape Air flights operating from Boston Logan International Airport (BOS) to 11 destinations — Augusta, Bar Harbor, Portland and Rockland in Maine; Hyannis, Martha’s Vineyard, Nantucket and Provincetown in Massachusetts; Lebanon, NH; Saranac Lake, NY and Rutland, VT. The enhanced partnership is helping Delta expand its footprint in its Boston, MA hub. Having recently launched a service to Reykjavik, Iceland from Boston, the airline will further begin flights to Rome, Italy; Toronto, Canada; Dallas/Ft. Worth, TX; Charlotte, NC; Hilton Head, SC; and Traverse City, MI, this year.
Zacks Rank & Key Picks
Delta carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader Transportation sector are Covenant Logistics Group CVLG, C.H. Robinson Worldwide CHRW and United Parcel Service (NYSE:UPS) UPS. While Covenant Logistics sports a Zacks Rank #1 (Strong Buy), C.H. Robinson and UPS carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Shares of Covenant Logistics, C.H. Robinson and UPS have rallied more than 81%, 20% and 100% in a year’s time, respectively.
Time to Invest in Legal Marijuana
If you’re looking for big gains, there couldn’t be a better time to get in on a young industry primed to skyrocket from $17.7 billion back in 2019 to an expected $73.6 billion by 2027.
After a clean sweep of 6 election referendums in 5 states, pot is now legal in 36 states plus D.C. Federal legalization is expected soon and that could be a still greater bonanza for investors. Even before the latest wave of legalization, Zacks Investment Research has recommended pot stocks that have shot up as high as +285.9%
You’re invited to check out Zacks’ Marijuana Moneymakers: An Investor’s Guide. It features a timely Watch List of pot stocks and ETFs with exceptional growth potential.
Today, Download Marijuana Moneymakers FREE >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
United Parcel Service, Inc. (UPS): Free Stock Analysis Report
C.H. Robinson Worldwide, Inc. (CHRW): Free Stock Analysis Report
Delta Air Lines, Inc. (DAL): Free Stock Analysis Report
Covenant Logistics Group, Inc. (CVLG): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research