Delta Air Lines cut its first-quarter revenue and profit forecasts, citing weaker consumer and corporate travel demand.
The Atlanta-based carrier said in a regulatory filing that it expects lower revenue growth for its March quarter.
The airline lowered its financial forecast for the first quarter as economic anxiety hurts demand for tickets.
The move is part of a broader deal to equip United’s entire fleet of more than 1,000 planes with terminals made by SpaceX.
Delta Air Lines on Monday slashed its first-quarter profit estimates by half, sending its shares down 14%, and its CEO said ...
Airline shares fell after Delta Air Lines cut its first-quarter outlook due to falling consumer confidence. Alongside Delta's 14% drop to $43.50 after the market closed Monday, United Airlines slid 12 ...
Delta Air Lines cuts revenue and EPS guidance, citing reduced consumer confidence. Learn how macro uncertainty impacts the airline sector.
Aeromexico earned the prestigious title of the most punctual global airline in 2024, projecting a punctuality performance on its flights of 86.70%. Saudia followed closely in second place with 86.35%, ...
The analysis from aviation analytics company Cirium spotlights the on-time performance of flights in the United States and ...
Delta is the first U.S. airline to revise its outlook following fears that the U.S. may hit an economic soft patch.
The company also adjusted its Operating Margin expectations to 4-5%, compared to the earlier guidance of 6-8%, and lowered its earnings per share (EPS) forecast to $0.30-$0.50 from the initial range ...
Delta Air Lines has announced it will launch flights to Marrakesh, becoming the second US airline to do so after United began ...