Delta Air Lines adds 3.39 percent
Delta Air Lines (DAL.QS.N) added US$3.25 (or 3.39%) to close at US$99.25, after a second day of trading unchanged at US$99.25. The yield to maturity has decreased by 101.0 basis points from 9.24% to 8.23%.
DAL.QS 1-day 1-month 3-months Price Change % 3.39 0.25 Yield to maturity % change -10.93 -0.84 -0.72 Spread to Treasuries % 7.87 7.91
Access Bond Dashboard graphics on Issue Details, Debt And Coverage Ratios, Yield To Maturity, Price Dynamics, Investor Returns
http://www.buysellsignals.com/00201199119011250490
ISSUE DETAILS
Issuer Delta Air Lines Amount Outstanding $65US.9 million Coupon 8.0% Coupon Frequency Monthly Maturity Date January 12, 2015 CUSIP 247361YY8 Callable Yes
TECHNICAL ANALYSIS
Uptrend
Price Trend: the price strengthened 0.25% in the last month.
Relativities: in the global market of 5,264 bonds traded today, the bond has a 6-month relative strength of 74 indicating it has outperformed 74% of the market.
Breakout: the bond traded at a 14-day high of US$99.25 today.
PRICE DYNAMICS
Volatility: the bond traded between an intraday low of US$99.0 and fourteen-day high of US$99.25.
KEY STATISTICS
Maturity Yield to maturity % Yrs to Maturity % Rise/Fall 1-mo Jan to Mar 2015 8.23 2.98 to 3.16 0.25
DEBT AND COVERAGE RATIOS
EBIT/Interest: the ebit to interest ratio is 1.6
INVESTOR RETURNS
Trailing one week: the bond was unchanged twice (40% of the time), was untraded twice (40% of the time) and rose once (20% of the time).
Trailing one month: the bond was untraded fourteen times (61% of the time), fell four times (17% of the time), was unchanged three times (13% of the time) and rose twice (9% of the time). The value of US$1,000 invested a month ago is US$1,003, for a capital gain of US$3(or rise of 0.3%).
The present value of US$1000 invested at a previous date is shown below:
$1000 1-month DAL.QS 1,003
DESCRIPTION
Delta Air Lines, Inc. (Delta) is an airline that provides scheduled air transportation for passengers and cargo throughout the United States and around the world. The Company's global route network is centered around the hub system it operate at airports in Atlanta, Cincinnati, Detroit, Memphis, Minneapolis/St. Paul, New York-JFK, Salt Lake City, Amsterdam and Tokyo-Narita. Each of these hub operations includes flights that gather and distribute traffic from markets in the geographic region surrounding the hub to domestic and international cities and to other hubs. Delta also has codeshare arrangements with Aeromexico, Air France, Alitalia, China Airlines, China Southern, CSA Czech Airlines, KLM Royal Dutch Airlines, Korean Air and Royal Air Maroc (and some affiliated carriers operating in conjunction with these airlines). On October 29, 2008, a subsidiary of Delta merged with Northwest Airlines Corporation (Northwest).
BUSINESS NEWS ROUND UP
The last 5 snippets are:
January 19: Delta Named Top Tech-Friendly U.S. Airline
[News Story] ATLANTA, Jan. 19, 2012 /PRNewswire/ -- Delta Air Lines (NYSE: DAL) has been named "Top Tech-Friendly U.S. Airline" by PCWorld magazine for its airport recharging stations, in-flight Wi-Fi on more domestic flights than any other carrier and smartphone apps with innovative features including baggage tracking and airport check-in.
January 17: Delta, WestJet to Launch Codeshare Service
[News Story] http://www.nasdaq.com/article/delta-westjet-to-launch-codeshare-service-20120117-00494
Source: NASDAQ Stock Exchange
January 12: Delta Air Lines: SkyTeam Introduces SkyPriority For Top Customers
AMSTERDAM, Jan. 12, 2012 /PRNewswire/ -- SkyTeam, the global airline alliance, today announced the introduction of SkyPriority, a series of distinctively branded priority airport services offered to Elite Plus, First and Business Class customers. SkyPriority has been developed to ensure a common and consistent service standard for priority airport services across the alliance.
December 20: Delta Launches New York-LaGuardia Fare Sale
[News Story] http://www.nasdaq.com/aspx/companynewsStoryPrint.aspxstoryid=201112200900pr_news_usprx____cl25292
Source: NASDAQ Stock Exchange
December 16: Delta Unveils Schedule for New Domestic Hub at New York's LaGuardia Airport
[News Story] http://www.nasdaq.com/aspx/company-news-story.aspxstoryid=201112161130pr_news_usprx____mm22216&title=delta-unveils-schedule-for-new-domestic-hub-at-new-yorks-laguardia-airport
Source: NASDAQ Stock Exchange
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