Delta Air Lines (NYSE:DAL) has scheduled to invest $2 billion on product upgrades.

Delta Air Lines (NYSE:DAL) Planning $2bn Upgrades

Delta Air Lines (NYSE:DAL) has announced that it is planning to invest more than $2 billion to upgrade its global product offerings.

As a part of this move the company has introduced a series of product upgrades for its Nigerian market. Delta Air Lines (NYSE:DAL) is launching a new full flat-bed BusinessElite seat on flights between Abuja’s Nnamdi Azikiwe International Airport and New York –JFK.

Mr. Bobby Bryan, Delta Air Lines Sales Manager West and East Africa, said that, “Delta Air Lines (NYSE:DAL) is enhancing its onboard product on more than 150 aircraft to offer full flat-bed seating in BusinessElite on all international widebody flights with the rolling out of a new full flat-bed BusinessElite seat on flights between Abuja’s Nnamdi Azikiwe International Airport and New York-JFK, via Accra, Ghana”.

Delta Air Lines (NYSE:DAL) shares were at 8.5 at the end of the last day’s trading. There’s been a 18.4% change in the stock price over the past 3 months.

Delta Air Lines (NYSE:DAL) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.38
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1
Zack’s Rank: 2 out of 24 in the industry