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 Air Lines: Quality Won't Matter, Downgrading To Neutral
Delta Air Lines may face challenges such as weak consumer sentiment and economic risks. Read more about potential volatility ...
Delta Says Economic Worries Are Hurting Travel Demand
The airline lowered its financial forecast for the first quarter as economic anxiety hurts demand for tickets.
Airline CEOs Say One Headline-Grabbing Issue Is Impacting Ticket Sales
Delta Air Lines CEO Ed Bastian delivered the grim news Tuesday morning at a JPMorgan Chase investors conference. Bastian didn ...
Fear of flying is pushing ticket sales down in the wake of multiple crashes, airlines say
"It caused a lot of shock among consumers," he said at a JPMorgan Chase investors conference. Bastian did not say by how much ...
The Business Journals4d
Delta CEO: Business, leisure travelers pulling back amid 'uncertainty' on economy
The airline cut its first-quarter outlook, saying that consumers and business have both grown less confident in the economy. The announcement pulled down both Delta's and other airlines' stock ...
CNN3d
Fear of flying is pushing ticket sales down in the wake of multiple crashes, airlines say
Delta Air Lines CEO Ed Bastian said Tuesday morning that the fatal crash of an American Airlines flight on approach to Ronald Reagan Washington National Airport in January, as well as a non-fatal ...
The New York Times4d
Airlines Cut Forecasts, Raising an Early Alarm About Consumer Spending
“We just went through a little bit of a parade of horribles,” Ed Bastian, the chief executive of Delta Air Lines, said at the J.P. Morgan Industrials Conference on Tuesday morning ...
Fear of flying is hurting ticket sales after multiple plane crashes: Delta, American Airlines
Flight anxiety has taken off, and sales are crashing. Since the year started, there’s been a string of deadly collisions and ...
UPI5d
Delta Airlines slashes revenue, earnings outlook amid lower demand in economic 'uncertainty'
March 10 (UPI) --Delta Air Lines on Monday slashed its first-quarter ... On Monday, Delta CEO Ed Bastian told CNBC's Closing Bell that "consumer confidence is coming down a little bit, as we ...