Whole Mars Catalog
Tesla & Autonomous-Driving Publisher
Delta's weaker in-flight internet is already costing it loyal customers. A seven-year Delta Diamond Medallion member quoted by Sawyer Merritt says a Starlink-equipped United flight led them to switch; their account describes Delta Wi-Fi outages, while United's connection let them work throughout the flight. x.com
Delta Air Lines stock faces future earnings risk as Starlink becomes standard on other airlines in 2027 and Delta loses its most valuable customers. Starlink's 400 Mbps in-flight speeds and gate-to-gate coverage make Delta's Wi-Fi look dated; past earnings matter less to the stock than what comes next. x.com x.com
Delta Air Lines looks set to take a major blow to its reputation from the Delta/Starlink situation, which prompts a rare bearish view on the stock. This is probably an overreaction, though, and there is no plan to actually short it. x.com x.com
United Airlines and Delta Air Lines are probably near a peak, as hedge-fund pay and expectations sit at a cyclical high. The average hedge-fund vacation ranged from the South of France to the Amalfi Coast, a sign worth shorting. American Airlines is left out as a budget carrier. x.com x.com
Delta's Q3 results support a bullish view despite fuel pressure: the airline absorbed $500M in higher fuel expenses while revenue rose 32.9% year over year to $20.2B and beat estimates by $1.28B, although adjusted EPS of $1.72 missed by $0.04. x.com
Delta Air Lines' refinery does not insulate it from higher oil prices. Investor_NICK_ called Delta 'bulletproof,' but investors relying on refinery ownership as an oil hedge will learn otherwise soon. x.com
Delta Air Lines and American Airlines look vulnerable because jet fuel supply is extremely tight. x.com
Delta Air Lines looks extremely bullish because its pullback has been inefficient after a near-decade resistance level flipped into support on its largest buy volume since the COVID low. A $2 billion buy day was the largest since last summer, and the quarterly and monthly charts still show that heavy buying. x.com
Delta, United and Alaska should see margin expansion as the US-Iran deal and the lifted Hormuz naval blockade push oil lower into summer travel season. Crude fell from $92.16 on June 1 to $70.24, and fuel was 17–21% of their FY2025 opex; Alaska is the highest-beta name, with each $0.10/gallon move worth about $0.75 of EPS. Demand is at record highs and some fares are about 20% above last year. It is a high-risk macro trade, since the ceasefire is fragile and has been repeatedly violated. x.com
Delta Air Lines looks cheap on forecast earnings: about 10x next year's estimated $7.89 per share versus 19x typical for airlines yields a $131.90-$167.87 fair range against $82.14. The estimate is 31% above trailing earnings; this is a levels-only screen based on reported forecasts, not fundamental diligence. x.com
