Business TravelTotal business travel is well above pre-COVID levels and managed corporate travel is approaching and starting to exceed 2019 levels.
Operational PerformanceThe recovery in operational performance, the accompanying recovery in NPS scores, the positive RASM trends exiting 3Q, and the nice surprise on FY24 adjusted EPS all reinforce conviction in this name.
Revenue GrowthDelta notes positive unit revenue growth for Domestic and Transatlantic markets.