Delta CEO Sees International Investment Opportunities

The transcript discusses the challenges of making airline routes profitable due to high costs and the need for partnerships with local carriers. It highlights the importance of collaboration and different business models in the airline industry, which is subject to regulatory requirements and ownership restrictions. The speaker mentions potential expansion opportunities in Canada and Central America and discusses the limits of consolidation within the US market. The focus is on maintaining a strong product offering and exploring international investment opportunities.

What is a major challenge in making international airline routes profitable?

• Low demand for international travel

• High costs of aircraft and operations

• Lack of skilled pilots

• Limited airport facilities

Why is collaboration important in the airline industry?

• To comply with regulatory requirements

• To increase ticket prices

• To eliminate competition

• To reduce the number of flights

What is a key difference between the airline industry and other US industries?

• Airlines focus on command and control

• Airlines have fewer regulatory requirements

• Airlines rely on partnerships and joint ventures

• Airlines have more consolidation opportunities

Which region is mentioned as a potential area for expansion?

• Europe

• Australia

• Asia

• Canada

What is the current stance on further consolidation within the US airline market?

• There are no benefits to consolidation

• There is significant room for consolidation

• The market is as large as the government allows

• Consolidation is not allowed by law