Delta Air Lines Inc. cut its profit expectations for the first quarter roughly by half on weakening travel demand, the latest ...
Delta Air Lines on Monday slashed its first-quarter profit estimates by half, sending its shares down 14%, and its CEO said ...
The airline cut its sales and profit guidance for the first quarter, citing economic "uncertainty" that has hit demand for ...
Economic malaise among consumers and businesses is softening domestic travel demand, prompting the Atlanta-based airline to ...
Delta Air Lines Inc cut its profit expectations for the first quarter roughly by half on weakening travel demand, the latest ...
Delta lowered its guidance for revenue growth to reflect a US$500 million reduction in the first three months. Read more at ...
Delta’s stock fell 14% after the airline cut its earnings estimate from up to $1 per share to $0.30-$0.50.
Fears were around consumer spending spurred by President Donald Trump’s policies. Read more at straitstimes.com.
Delta is the first U.S. airline to revise its outlook following fears that the U.S. may hit an economic soft patch.
Delta’s diminished outlook marks a sharp reversal from the start of the year, when Bastian trumpeted a steady demand environment. The carrier on Monday cited economic volatility and concerns over ...
Shares of Delta Air Lines (DAL) were sent into a nosedive in premarket trading Tuesday after the airline slashed in half its earnings outlook for the first quarter. Where it previously expected ...