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Corn Field
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http://www.thestreet.com/story/13115544/1/delta-stakes-claim-as-airline-industrys-tough-discipline-cop.html?puc=yahoo&cm_ven=YAHOO
Just as Bob Crandall's American (AAL - Get Report) ruled the industry in the 1990s, so Delta rules it today. Most conspicuously, it has taken the lead in seeking recognition as an investment-grade company on par with the top companies in the S&P 500, a metric CEO Richard Anderson referred to constantly during Wednesday's first-quarter earnings call.
Delta has faced analyst concerns that it is adding capacity too quickly. In fact, first quarter domestic capacity was 7% higher than a year earlier, while consolidated capacity was 5% higher. But the aggressive international cuts may pressure American and United to take similar steps
Just as Bob Crandall's American (AAL - Get Report) ruled the industry in the 1990s, so Delta rules it today. Most conspicuously, it has taken the lead in seeking recognition as an investment-grade company on par with the top companies in the S&P 500, a metric CEO Richard Anderson referred to constantly during Wednesday's first-quarter earnings call.
Delta has faced analyst concerns that it is adding capacity too quickly. In fact, first quarter domestic capacity was 7% higher than a year earlier, while consolidated capacity was 5% higher. But the aggressive international cuts may pressure American and United to take similar steps