Delta Air Lines slashes earnings outlook on weaker U.S. demand, sending shares lower

Delta Air Lines cut its first-quarter revenue and profit forecasts, citing weaker consumer and corporate travel demand.

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Delta cuts its once-rosy outlook. Here’s what’s worrying the airline.

Shares of Delta Air Lines Inc. dropped more than 9% after hours Monday after the airline slashed its current-quarter estimates, seeing trouble ahead for demand for its domestic flights.
MarketWatch - Mar. 11
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.
The New York Times - Mar. 10
Delta warns on profit as economic ‘uncertainty’ dents US demand

Shares tumble more than 12% after-hours as carrier cuts quarterly revenue and earnings outlook by half
Financial Times - Mar. 10
US airlines’ warnings of lower demand cast shadow over economic outlook

American, Delta and Southwest trim financial guidance on corporate and consumer softness
Financial Times - Mar. 11
Delta, Southwest, American Airlines Cut Forecasts, an Early Alarm About Consumer Spending

The revised revenue projections suggest that flagging economic confidence has started to hurt travel, which can be an indicator for other industries.
The New York Times - Mar. 11
Preliminary investigation report into Delta flight that flipped in crash landing released

A preliminary report into the Delta Air Lines flight that flipped upside down in a crash landing at Toronto's Pearson International Airport last month shows the plane had been descending at a high ...
NBC News - 4d
Delta plane that flipped over in Toronto last month showed high rate of descent, initial report says

A preliminary report into why a Delta Air Lines jet burst into flames and flipped upside down as it tried to land in Toronto has been released
ABC News - 4d
Nike shares hit 5-year low as tariffs and consumer caution threaten sales

Sportswear group issues weaker than expected revenue forecast in latest setback to turnaround effort
Financial Times - 3d
BMW posts 37% drop in annual net profit, warns of 'subdued' Chinese demand

BMW's net profits slumped by more than a third in 2024 as weaker demand in China and Germany weighed on the high-end car manufacturer.
CNBC - Mar. 14

Delta Air Lines slashes earnings outlook on weaker U.S. demand, sending shares lower

Topics

Related

Delta cuts its once-rosy outlook. Here’s what’s worrying the airline.

Delta Says Economic Worries Are Hurting Travel Demand

Delta warns on profit as economic ‘uncertainty’ dents US demand

US airlines’ warnings of lower demand cast shadow over economic outlook

Delta, Southwest, American Airlines Cut Forecasts, an Early Alarm About Consumer Spending

Preliminary investigation report into Delta flight that flipped in crash landing released

Delta plane that flipped over in Toronto last month showed high rate of descent, initial report says

Nike shares hit 5-year low as tariffs and consumer caution threaten sales

BMW posts 37% drop in annual net profit, warns of 'subdued' Chinese demand

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