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.

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.

By the numbers, Black told me that even despite whatever downtime the application website endured, Delta Airlines had 60,000 flight attendant applications during the first week, c