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Delta cuts profit forecast

Bloomberg on MSN · 1d

Delta Slashes Its Profit Forecast on Weakening Travel Demand

Delta Air Lines Inc. cut its profit expectations for the first quarter roughly by half on weakening travel demand, the latest sign that economic worries are pressuring consumer spending.

Reuters on MSN · 1d

Delta cuts profit forecast as US economic uncertainty hits travel

Delta Air Lines on Monday slashed its first-quarter profit estimates by half, sending its shares down 14%, and its CEO said the environment had weakened due to U.S. economic uncertainty.

CNN on MSN · 1d

Delta issues a warning on the economy, slashing its profit forecast in half

Delta slashed its earnings forecast in a recent SEC filing, saying consumers are anxious due to economic uncertainty. It’s a sign that economic anxiety could be spilling over into domestic travel demand.

3h

Delta Air Lines: Q1 Setbacks Highlight Airline Risks

Delta's stock dropped 30% due to macro-uncertainty and recent airline incidents. Click here to read an analysis on DAL stock ...

6hon MSN

Airline profits hit turbulence from Q1’s ‘parade of horribles’

Wall Street is quickly adjusting its profit estimates for the major U.S. airlines after mostly negative updates from the ...

1don MSN

Delta Stock Drops After Airline Cuts Sales, Profit Outlook

The airline cut its sales and profit guidance for the first quarter, citing economic "uncertainty" that has hit demand for ...

Delta Lowers Outlook, Cites Decline in Consumer and Corporate Confidence

Delta is the first U.S. airline to revise its outlook following fears that the U.S. may hit an economic soft patch.

8h

Southwest Airlines checked baggage fee change, Delta lowers profit outlook

President Trump is vowing to “lead the charge” to unseat Republican Rep. Thomas Massie (Ky.), who has said he will not ...

19h

Delta, Airbnb lead travel stock selloff on consumer worries

Fears were around consumer spending spurred by President Donald Trump’s policies. Read more at straitstimes.com.

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