View Single Post
Old 01-17-2014 | 10:42 AM
  #146970  
NERD
Line Holder
 
Joined: Apr 2009
Posts: 1,688
Likes: 66
Default

See guys, SD & RA are right Keep the backpack on and stay humble my friends!

Originally Posted by forgot to bid
From seekingalpha

Delta Air Lines has a Japan problem • 2:25 PM
• Wolfe Research sees some turbulence for Delta Air Line (DAL -1.3%) in Japan and its big bet on Seattle as a gateway to Asia.
• The company got caught short when the Japanese government opened up the downtown Tokyo airport to U.S. airlines which lessened the value of its Narita hub. That impact keeps getting worse.
• The carrier is also quarreling with Asian partner Korean Air, while rivals United Continental and American Airlines strike more strategic deals in the region.
• Delta is also more susceptible than other U.S. airliners to a weak yen.