In a bid to expand its operations, Atlanta, GA-based Delta Air Lines (DAL - Free Report) aims to introduce a new daily nonstop flight between New York’s John F. Kennedy International Airport (JFK) and Antonio Carlos Jobim International Airport (GIG) in Rio de Janeiro, Brazil. The service – expected to begin from Dec 21 – is pending approval from the U.S. Department of Transportation.
GOL Linhas Aereas Inteligentes (GOL - Free Report) , Delta’s strategic partner, will extend the service to 23 destinations in Brazil. A Boeing 767-300 aircraft will be utilized to serve the route. The aircraft has 35 Delta One full flat-bed seats with aisle access for every passenger. It also has large entertainment screens that allow passengers to experience on-demand entertainment systems. Passengers travelling on the plane will have access to other modern amenities as well.
Delta is constantly making investments to upgrade the flying experience of its passengers.
To this end, it recently announced its decision to relocate from Terminals 5 and 6 to Terminals 2 and 3, respectively, at Los Angeles International Airport (LAX) in May.
Zacks Rank & Key Picks
Delta Air Lines currently carries a Zacks Rank #3 (Hold). Better-ranked stocks in the airline space include International Consolidated Airlines Group and LATAM Airlines Group . International Consolidated Airlines Group sports a Zacks Rank #1 (Strong Buy), while LATAM Airlines Group carries a Zack Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Shares of International Consolidated Airlines Group and LATAM Airlines Group gained over 27% and 55%, respectively, on a year-to-date basis.
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