Delta Air Lines (DAL) stock is soaring 5.83% in intraday trading on Thursday, as investors react positively to news of a potential overhaul of the U.S. air traffic control system. This significant uptick comes as the broader airline sector anticipates potential benefits from the proposed improvements to the nation's aviation infrastructure.

According to airline officials, U.S. Transportation Secretary Duffy is set to call for a comprehensive upgrade of the country's air traffic control system. The proposed overhaul includes replacing aging radar systems, telecommunications equipment, and facilities. This announcement signals a major commitment to modernizing critical aviation infrastructure, which could have far-reaching implications for airlines like Delta.

The proposed improvements to the air traffic control system could potentially lead to more efficient operations for airlines, reducing delays and operational costs. For Delta Air Lines, one of the largest carriers in the United States, such enhancements could translate into improved on-time performance, better fuel efficiency, and ultimately, increased profitability. Investors appear to be betting on these potential long-term benefits, driving the stock's impressive gains during the trading session.