Analysis: Delta's refinery bid looks better on second glance

NEW YORK (Reuters) - Delta Air Lines' expected bid to buy a Pennsylvania oil refinery has had people in both industries joking that a company from the money-losing airline sector would be right at home in the money-losing world of East Coast refining.

ByRobinson Roacho:While the S&P 500 and the DJIA have rallied to all-time high levels, aerospace-related stocks have outpaced the general markets. Within the sector, regional Airlines' PPS have seen substantial capital appreciation this year compared to their big sisters.

By Vatalyst: Much of the business in America is based upon transportation and logistics.

By AnalytixInsight:Southwest Airlines Co. (LUV) reports preliminary financial results for the quarter ended 2012-09-30.

Delta Air Lines (DAL) Q1 2012 Earnings Call April 25, 2012 10:00 am ET Executives Jill Greer - Richard H. Anderson - Chief Executive Officer and Director Edward H. Bastian - President and Director Paul A. Jacobson - Chief Financial Officer and Senior Vice President Glen W. Hauenstein - Executive Vice President of Revenue Management & Network Planning

By David Trainer:After S&P's recent upgrade to its outlook on Delta Airlines (DAL), I cannot help but to wonder how they do their analysis. My analysis of Delta's financial position shows that the company's financial position is getting worse not better.

By Takeover Analyst:From labor disruptions to bankruptcy concerns, airlines have always had a significant degree of risk factored into their valuations. I believe that this pessimism has overly discounted the industry, particularly for smaller under-followed companies.