Delta "Capital-Return" Plan Puts Focus on Cash Flow

Delta Capital-Return Plan Puts Focus on Cash Flow

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Delta Air Lines Inc.’s plan to return over $1 billion to shareholders over the next three years through dividends and buybacks looks bold, analysts say, but leaves more wiggle room than it appears at first glance and will get easier over time.

By Maxwell Murphy

Delta Air Lines Inc. ’s plan to return over $1 billion to shareholders over the next three years through dividends and buybacks looks bold, analysts say, but leaves more wiggle room than it appears at first glance and will get easier over time. The plan is predicated on between $4 billion and $5 billion of [...]