NEW YORK (TheStreet) -- Shares of Delta Air Lines Inc. (DAL) are up by 3.69% to $42.11 in mid-morning trading on Tuesday, after the company reported its October 2014 consolidated passenger unit revenue (PRASM) grew by 3% over the same period for the previous year.
The airline said the increase in PRASM was "driven by improvements in domestic and transatlantic unit revenues."
Additionally, Delta Air Lines said its "solid operating performance continued through October" with a 99.9% monthly completion factor, and an 86.8% on-time arrival rate.
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Watch the video below for more on Delta's October operating results:
Other airline stocks also on the rise today include United Continental (UAL) , up by 4.35% to $56.64, American Airlines (AAL) , higher by 3.48% to $43.46, and Southwest Airlines (LUV) , up by 2.35% to $36.14 this morning.
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Separately, TheStreet Ratings team rates DELTA AIR LINES INC as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:
"We rate DELTA AIR LINES INC (DAL) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, reasonable valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income."