Key Points The investment case for the stock is based on understanding how management has fundamentally restructured the airline's business model. The airline's premium, loyalty, co-branded credits, and differentiated pricing strategies are securing its long-term revenue streams. The industry is unlikely, and this airline, in particular, is unlikely to be as cyclical as it was in previous decades. 10 stocks we like better than Delta Air Lines › I believe the market is pricing Delta Air Lines (NY ...