In yet another expansion bid, Delta Air Lines, Inc. (NYSE:DAL) has announced a new route from New York. The carrier will begin nonstop service connecting New York-JFK with Orange County, CA from Oct 15, 2018 onward.
This new West Coast operation is a result of rising demand for air travel to the region. The new route adds to the existing 10 daily nonstop flights between JFK and Los Angeles.
A Boeing (NYSE:BA) 737-700 aircraft will ply on the route to run the flights six days a week except Saturday. Moreover, passengers on board will have access to complimentary Delta Studio featuring several in-flight entertainment facilities like free live satellite TV and an optional Wi-Fi availability.
Additionally, Delta will introduce several other destinations from New York-JFK this fall. The airline will initiate a daily service to San Jose, CA on Jun 8. Also, it will introduce a year-round service to Portland, ME beginning this September. It will also offer services to the Caribbean cities of Kingston, Jamaica and Port-au-Prince, Haiti from December 2018.
Delta will also ramp up services from New York-JFK to Nashville, Charleston, Dallas/Ft. Worth, Indianapolis, Norfolk and Seattle effective this summer and fall.
Further from New York-LaGuardia Airport, Delta will launch daily flights to Chattanooga, TN starting Jul 9. The carrier will also increase frequencies to Des Moines; Grand Rapids, MI; Greensboro, N.C.; Greenville/Spartanburg, S.C.; Memphis, TN.; Madison, WI.; Omaha, NE.; Chicago, IL (Chicago O’Hare airport) and Knoxville, TN.
Delta has been making continued efforts to expand operations across the globe. To this end, last September, the carrier announced a series of expansion initiatives between United States and Europe. Delta will offer seasonal operations from the New York-JFK airport to Ponta Delgada-Azores hub in Portugal, beginning May 24 this year. On the same date, Delta will also begin a daily seasonal service to Lisbon from Atlanta. Further, the carrier will start nonstop flights connecting Los Angeles with Paris and Amsterdam from Jun 16, 2018 onward.
Zacks Rank & Key Picks
Delta carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader Transportation sector are SkyWest, Inc. (NASDAQ:SKYW) , Expeditors International of Washington, Inc. (NASDAQ:EXPD) and GATX Corporation (NYSE:GATX) . While Expeditors sports a Zacks Rank #1 (Strong Buy), SkyWest and GATX carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Shares of SkyWest, Expeditors and GATX have rallied more than 67%, 36% and 22%, respectively, in a year.
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Delta Air Lines, Inc. (DAL): Free Stock Analysis Report
SkyWest, Inc. (SKYW): Free Stock Analysis Report
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Expeditors International of Washington, Inc. (EXPD): Free Stock Analysis Report
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