Issue Summary

Fasten your seatbelts. Fourth quarter earnings season starts this week, covering the period from October through December. As usual, Delta goes first, sure to unveil another strong set of results. One reason for the airline’s success: All the new technology it’s introducing, some of it on display at last week’s consumer electronics show in Las Vegas. Another reason for Delta’s success in 2019? Industry capacity shortages with MAXs unavailable to Southwest, American, and United.