Delta leaders will brief investors today at the airline’s annual Investor Day conference in New York, showcasing the company’s progress in 2015 and providing a forecast of what to expect next year.
The meeting will be available to the general public via a webcast, and slides from the entire presentation will be available to download on Delta's Investor Relations website. The briefing is closely watched by investors, analysts, the news media and other financial professionals.
This is the 8th year that Delta has hosted its annual event in New York. Delta Investor Day is held in New York since that is where not only the company’s current shareholders are located, but also where many of the long-term investors that invest in high quality industrial companies are based.
“Investor Day is a time for us to show how we’re differentiating ourselves from other airlines – through our revenue premium, operational reliability, stronger balance sheet – and running the company more like a high-quality industrial company,” said Jill Greer, Delta’s Vice President – Investor Relations. “Investor Day also gives us a forum to make the case that even with the strong financial and operational results we’re already producing, we have more opportunities to improve our performance and that there are compelling reasons to invest in the company.”
The leaders are expected to highlight Delta’s industry-leading operational performance, high-quality product, sustainable earnings and cash flow and prudent capital spending.
It has been a volatile year for airline stocks, and Delta has been no exception. Overall shares are flat from the beginning of the year, although Delta stock has increased more than fivefold since 2012. This year will be Delta’s sixth consecutive year of profitability.
Speakers will include:
- CEO Richard Anderson
- President Ed Bastian
- Chief Human Resources Office Joanne Smith
- Chief Operating Officer Gil West
- Chief Revenue Officer Glen Hauenstein
- Chief Financial Officer Paul Jacobson
The webcast and complete presentation are available at ir.delta.com, and the event will be covered throughout the day on the Delta News Hub at news.delta.com.