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Morningstar Research
Analyst Report: Delta Air Lines, Inc.
Delta Air Lines, based in Atlanta, is one of the largest airlines in the world, with a network of more than 300 destinations in more than 50 countries. Delta operates a network of hub-and-spoke systems, where it aggregates and distributes passengers around the world through key locations in Atlanta, New York, Salt Lake City, Detroit, Seattle, and Minneapolis-St. Paul. Delta’s sale of frequent flyer miles, particularly to American Express, is a key driver of the company’s bottom line.
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