In a bid to expand, Atlanta, GA-based Delta Air Lines (DAL - Free Report) recently announced plans to add three daily flights to Chicago's O'Hare International Airport (ORD) from Seattle. The new flights will be available from Jun 19, 2017. With this, the carrier will serve all of the top 10 Seattle destinations. Chicago flights are presently available for booking.
Through this move, Delta aims to grow further at Seattle, where it competes primarily with Alaska Air Group (ALK - Free Report) .
We note that Delta has built an extensive network from Seattle to key U.S. West, Midwest and East destinations over the last few years, enhancing itsservice to Europe, Asia and Latin America. The company will be using Airbus A319 for the new flights. The aircraft features high-resolution screens at every seat and offers free entertainment through 110v and USB power ports. It will also flauntlarge pivoting overhead bins, pleasing lighting and newly-designed lavatories.
At the beginning of 2017, Delta announced the addition of seven destinations, including Austin, TX; Eugene, OR; Lihue, HI; Milwaukee, WI; Nashville, TN; Raleigh, NC and Redmond, OR.This expansion drive will allow Delta to offer more than 160 peak-day flights to 50 destinations (inclusive of 17 of the top 20 U.S. destinations) from its Seattle hub this summer.
The carrier is gearing up to achieve other milestones in Seattle this year. Delta's partner Virgin Atlantic will initiate Boeing 787 service from Seattle to London-Heathrow on Mar 26.
Zacks Rank & Key Picks
Delta currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the airline space are Gol Linhas AereasInteligentes (GOL - Free Report) and International Consolidated Airlines Group (ICAGY - Free Report) . All the companies sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. Shares of Gol Linhas and International Consolidated Airlines Group gained over 103% and 29% respectively, on a year-to-date basis.
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