Delta recently announced its plan to shut down Comair as part of its strategy to cut back on lower-margin regional operations. These smaller flights have higher maintenance costs and do not make much sense for the carrier. Delta recently reported decent earnings, but industrials editor Brendan Byrnes cautions investors away from the airline sector.
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The article Why This Big Delta Move Makes Sense originally appeared on Fool.com.
Andrew Tonner has no positions in the stocks mentioned above. Brendan Byrnes has no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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