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Valued at $30.3 billion by market cap, Atlanta-based Delta Air Lines, Inc. (DAL) operates as the oldest airline in the U.S. The company primarily focuses on providing air transportation for passengers as well as cargo in the U.S. and internationally. With a fleet of approximately 1296 aircraft, Delta operates as one of the largest airlines in the world.
Companies worth $10 billion or more are generally described as "large-cap stocks," Delta Air Lines fits the bill perfectly. Given the company’s dominance and influence in the airline industry, its valuation above this mark is unsurprising.