Delta Air Lines (DAL - Free Report) has permanently scraped change fees for international travel originating from North America, with immediate effect. The move is aimed at attracting customers amid the coronavirus-led suppressed demand scenario.
Additionally, the airline is waiving change fees for all domestic and international tickets purchased through Mar 30, 2021 in order to make it easier for customers to change travel plans during the holiday season. We remind investors that Delta had already made it clear that it would keep middle seats blocked and limit onboard capacity through Mar 30, 2021, in order to ensure passenger safety.
While the policy of elimination of change fess for international travel is also applicable on flights operated by joint ventures and Delta’s codeshare partners, it is not applicable for Basic Economy tickets.
Previously, in August, the carrier announced the elimination of change fees for travel within the United States, Puerto Rico and U.S. Virgin Islands. This policy also excluded traveling on Basic Economy tickets.
Delta’s removal of change fess on international flying resembles a similar measure taken by American Airlines (AAL - Free Report) in November. Effective Nov 19, American Airlines has eliminated change fees for First Class, Business Class, Premium Economy and Main Cabin (except Basic Economy) tickets for all long-haul international flying taking place from North or South America. Previously, the airline announced theremoval of change fees on majority of the domestic and short-haul international flying.
Both Delta and American Airlines carry a Zacks Rank #3 (Hold).
Key Picks
Some better-ranked stocks in the broader Transportation sector are Landstar System (LSTR - Free Report) and United Parcel Service (UPS - Free Report) , each carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Shares of Landstar and UPS have gained more than 29% and 68% in the last six months, respectively.
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It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
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Delta Air Lines (DAL - Free Report) has permanently scraped change fees for international travel originating from North America, with immediate effect. The move is aimed at attracting customers amid the coronavirus-led suppressed demand scenario.
Additionally, the airline is waiving change fees for all domestic and international tickets purchased through Mar 30, 2021 in order to make it easier for customers to change travel plans during the holiday season. We remind investors that Delta had already made it clear that it would keep middle seats blocked and limit onboard capacity through Mar 30, 2021, in order to ensure passenger safety.
While the policy of elimination of change fess for international travel is also applicable on flights operated by joint ventures and Delta’s codeshare partners, it is not applicable for Basic Economy tickets.
Previously, in August, the carrier announced the elimination of change fees for travel within the United States, Puerto Rico and U.S. Virgin Islands. This policy also excluded traveling on Basic Economy tickets.
Delta’s removal of change fess on international flying resembles a similar measure taken by American Airlines (AAL - Free Report) in November. Effective Nov 19, American Airlines has eliminated change fees for First Class, Business Class, Premium Economy and Main Cabin (except Basic Economy) tickets for all long-haul international flying taking place from North or South America. Previously, the airline announced theremoval of change fees on majority of the domestic and short-haul international flying.
Both Delta and American Airlines carry a Zacks Rank #3 (Hold).
Key Picks
Some better-ranked stocks in the broader Transportation sector are Landstar System (LSTR - Free Report) and United Parcel Service (UPS - Free Report) , each carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Shares of Landstar and UPS have gained more than 29% and 68% in the last six months, respectively.
Just Released: Zacks’ 7 Best Stocks for Today
Experts extracted 7 stocks from the list of 220 Zacks Rank #1 Strong Buys that has beaten the market more than 2X over with a stunning average gain of +24.4% per year.
These 7 were selected because of their superior potential for immediate breakout.
See these time-sensitive tickers now >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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