|Bid||47.8000 x 100|
|Ask||48.2500 x 1900|
|Day's Range||47.7400 - 48.0400|
|52 Week Range||37.9100 - 55.7500|
|PE Ratio (TTM)||9.46|
|Dividend & Yield||1.22 (2.55%)|
|1y Target Est||N/A|
Delta Air Lines Inc NYSE:DAL
It was fired this week, not so much by Boeing Co (NYSE:BA), but on behalf of it. The specifics: The U.S. defense and civilian aircraft manufacturer is claiming that Canadian rival Bombardier was unfairly subsidized by the Canadian government, making it more competitive than it would have been on its own when selling to U.S. air carrier Delta Air Lines, Inc. (NYSE:DAL). Muddying the waters is the fact that the United Kingdom is siding with Canada in its tiff with Boeing, cautioning that it too would pare back orders from the contractor if Boeing continued to press the matter.
Earnings for Delta Air Lines, United Airlines, American Airlines and their lower-cost rivals are likely to suffer for at least the rest of the year.