Incheon International Airport will replace Tokyo's Narita International Airport to become Delta Air Lines’ Asia hub, the airport operator said Saturday.

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Delta Air Lines shares are trading higher by 5.4% during Thursday's session. Southwest Airlines introduced a new $2.5 billion share repurchase program.

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Delta has added a new gateway to Asia and will begin flying from Salt Lake City to Seoul. The nonstop flight will be the first from the airport to the South Korean city. The route will begin on June 12, and is the only direct route between the two cities.

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Delving into the details, we found 20% of traders were bullish, while 80% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $419,780, and 7 were calls, valued at $764,295.

ATLANTA – Incheon International Airport has been named the new Asian hub of Delta Air Lines, replacing Japan’s Narita Airport. Incheon International Airport Corporation announced on Monday that it will collaborate with Delta to expand the Asia-Pacific network,

Incheon International Airport has been selected as Delta Air Lines’ new hub in Asia as the airline opens a new direct route to Salt Lake City next year.