Airbus Suspends Operations for a Large Number of A320 Aircraft
Written by Emily J. Thompson, Senior Investment Analyst
Source: WSJ
Updated: 6 day ago
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Source: WSJ
Airbus A320 Software Update: Airbus has announced that its A320 family of planes requires immediate updates to both software and hardware.
Grounding Flights Recommended: The company has urged airlines worldwide to ground flights due to potential issues with flight control data integrity.
Impact of Solar Radiation: A recent incident involving an A320 highlighted that intense solar radiation could corrupt critical data necessary for flight operations.
Safety Precautions: The recommendations aim to ensure the safety and reliability of the aircraft in light of these findings.
DAL.N$0.0000%Past 6 months

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Analyst Views on DAL
Wall Street analysts forecast DAL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DAL is 73.64 USD with a low forecast of 65.00 USD and a high forecast of 90.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast DAL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DAL is 73.64 USD with a low forecast of 65.00 USD and a high forecast of 90.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 67.490

Current: 67.490

TD Cowen raised the firm's price target on Delta Air Lines to $77 from $72 and keeps a Buy rating on the shares. The firm updated its model after the company delievered a better-than-expected guidance update.
Citi initiated coverage of Delta Air Lines with a Buy rating and $77 price target. The firm believes the setup is positive for the airlines with an "elongated mid-cycle" beginning in 2026. Citi sees the largest beneficiaries as being the "supermajors." The large airlines offer the most favorable risk/reward, the analyst tells investors in a research note. On the other side, Citi believes the legacy low-cost carriers will be underperformers through the cycle.
BofA raised the firm's price target on Delta Air Lines to $74 from $70 and keeps a Buy rating on the shares after having hosted CFO Dan Janki for a fireside chat following Q3 results last Thursday. Both the Q3 results and the Q4 outlook provided earnings upside, while the CFO spoke to a long term strategy that leads the firm to continue to believe that Delta is "a key beneficiary of the structural changes occurring across the industry," the analyst tells investors.
Freedom Capital raised the firm's price target on Delta Air Lines to $69 from $64 and keeps a Buy rating on the shares. Delta delivered sales above the market consensus, demonstrating a slight change of market conditions towards higher prices, positive impacting margins, the analyst tells investors in a research note. Despite macro challenges, the firm's outlook on Delta remains positive and thinks Delta could end the year with a slight EPS surprise.
About DAL
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo throughout the United States and around the world. The Company has hubs and markets in Amsterdam, Atlanta, Bogota, Boston, Detroit, Lima, London-Heathrow, Los Angeles, Mexico City, Minneapolis-St. Paul, New York-JFK and LaGuardia, Paris-Charles de Gaulle, Salt Lake City, Santiago (Chile), Sao Paulo, Seattle, Seoul-Incheon, and Tokyo. Its segments include Airline and Refinery. Its airline segment is managed as a single business unit that provides scheduled air transportation for passengers and cargo throughout the United States and around the world and includes its loyalty program, as well as other ancillary businesses. Its refinery segment operates for the benefit of the airline segment by providing jet fuel to the airline segment from its own production and through jet fuel obtained through agreements with third parties. The refinery's production consists of jet fuel as well as non-jet fuel products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.