Morgan Stanley: Growing margins the theme at Delta Air Lines

|About: Delta Air Lines, Inc. (DAL)|By:, SA News Editor

Delta Air Line (DAL +1.3%) could see margins move to record levels as the stars align for the carrier, say analysts with Morgan Stanley.

The industry is in a mode of conservative capacity and macro factors such as oil prices and GDP are in a Goldilocks scenario.

Delta's margin rate could see 12% for the first time since 1990s on its way to peaking by 2016, predicts the investment firm.