Thread: Any "Latest & Greatest" about Delta?
View Single Post
Old 02-16-2011, 07:40 PM
  #59712  
KC10 FATboy
Gets Weekends Off
 
KC10 FATboy's Avatar
 
Joined APC: Jun 2007
Position: Legacy FO
Posts: 4,096
Default
What the Smart Investors Are Buying - Yahoo! Finance

The takeaway ...

3. George Soros
Soros's fund more than quadrupled down on its position in Delta Airlines (NYSE: DAL - News), buying more than 11 million shares last quarter.

You probably forgot that airlines could make good investments. So did everyone else. But in truth, the airline industry cut out so much excess capacity during the recession that its pricing power is now returning. Seats are full. Ticket prices are rising. The end of 2010 was the first time in more than 10 years that the industry had a profitable fourth quarter.
KC10 FATboy is offline