Incheon International Airport will replace Tokyo's Narita International Airport to become Delta Air Lines’ Asia hub, the airport operator said Saturday.

Delving into the details, we found 20% of traders were bullish, while 80% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $419,780, and 7 were calls, valued at $764,295.

The devil is in the details. Despite some mixed-headline numbers from Delta Air Lines' ( DAL 0.31%) latest investor update, one aspect of management's commentary is bullish for the company and much of the industry. Here's an unpacking of what management says and why you can feel more comfortable holding the stock afterward.

David Casey is Editor in Chief of Routes, the global route development community's trusted source for news and information.

Delta Air Lines has completed most of its rebound from COVID, with positive free cash flow and an improving balance sheet. Growth will largely depend on maximizing revenue from premium products and giving those customers a quality experience.

Delta Air Lines is launching a new route between Incheon and Salt Lake City in June next year to become the only route connecting Asia and the US city. While flight schedules and operating hours are yet to be finalized,

Incheon International Airport has been selected as Delta Air Lines’ new hub in Asia as the airline opens a new direct route to Salt Lake City next year.

Delta Air Lines shares have dropped 10.40% since May, despite strong travel demand and revenue growth. Click here to read why DAL stock is a Strong Buy.

ATLANTA – Incheon International Airport has been named the new Asian hub of Delta Air Lines, replacing Japan’s Narita Airport. Incheon International Airport Corporation announced on Monday that it will collaborate with Delta to expand the Asia-Pacific network,