Current trading is below $35. Shares of Delta Air Lines, an international airline, have dropped in value with the introduction of COVID-19, which prompted investor concern about the sector’s recovery. Is it now the right moment to buy shares in DAL, as domestic travel is still not on the government’s radar for travel restrictions? Let’s see what we can find. Delta Air Lines Inc. was founded in 1924 and operates regular passenger and freight services across the United States as well as internationally. The Atlanta-based airline offers vacation packages to third parties, as well as aircraft charters and maintenance and overhaul.

Closing yesterday’s trading session at $33.53, the stock has declined 17.1% in price over the past month, due mainly to concerns over the airline industry’s recovery with the emergence of the omicron variant, which could spell fresh travel restrictions.

As governments worldwide tighten international travel restrictions, investors fear a slowdown in future bookings and delays in the industry’s already sluggish recovery. The stock could be under pressure due to DAL’s poor profitability and this.

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