Delta Air Lines (DAL) Inks Transformative Deal With Travelport
Delta's (DAL) deal with Travelport aims to boost travel for the entire retail ecosystem.
Delta Air Lines, Inc. DAL inks a global distribution agreement with Travelport, designed to enhance value-generation for the entire travel retail ecosystem (including management companies, agencies, corporations and travelers).
The distribution agreement provides Travelport-connected travelers easy access to Delta’s enriched content through the Travelport+ platform. The deal allows enhanced retailing capability for understanding, comparing and customizing offers for passengers in a better way.
Per managing director of global distribution for Delta, Jeff Lobl, stated “Our transformative new agreement with Travelport is another big step in elevating retailing in the indirect channel ecosystem for the benefit of all customers and stakeholders.” Travelport continues to evolve its worldwide retailing platform, Travelport+, which provides a multi-product display that gives connected buyers (whether they are a corporate traveler or leisure traveler) the ability to easily access the wide array of available products from all of the company’s global air partners.
We expect that the latest global distribution agreement with Travelport will attract more and more passengers, thereby boosting top-line growth for Delta.
Zacks Rank & Stocks to Consider
Delta currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the broader Zacks Transportation sector are Knight-Swift Transportation Holdings Inc. KNX, Landstar System, Inc. LSTR and Herc Holdings Inc. HRI. Knight-Swift and Landstar carry a Zacks Rank #2 (Buy), while Herc Holdings sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Long-term expected earnings per share (three to five years) growth rate for Knight-Swift, Landstar and Herc Holdings is pegged at 15%, 12% and 49.2%, respectively.
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Delta Air Lines, Inc. (DAL): Free Stock Analysis Report
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Landstar System, Inc. (LSTR): Free Stock Analysis Report
Herc Holdings Inc. (HRI): Free Stock Analysis Report
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