US airline stocks tumble as Delta's forecast cut spooks investors
Shares of major U.S. airlines slumped in premarket trading on Tuesday after Delta Air Lines slashed its profit forecast, stoking concerns about the hit to travel from a weakening U.S. economy. The legacy airline's shares fell 10%,
Airlines Cut Forecasts, Raising an Early Alarm About Consumer Spending
The revised projections suggest that flagging economic confidence has started to hurt travel, which can be an indicator for other industries.
Delta Slashes Its Profit Forecast on Weakening Travel Demand
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. The Atlanta-based airline is the first major U.
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.
Delta warns on profit as economic ‘uncertainty’ dents US demand
Delta Air Lines slashed sales and earnings expectations for the first quarter, blaming a decline in consumer and corporate confidence triggered by economic “uncertainty”. The Atlanta-based group’s profit warning after the market close on Monday was in stark contrast to the guidance it provided two months ago,
Delta Stock Drops After Airline Cuts Sales, Profit Outlook
Shares of Delta Air Lines dropped in late-Monday trading after the airline cut its sales and profit guidance for the first quarter, citing economic "uncertainty" that has hit demand for U.S. travel. Delta (DAL),
Southwest Airlines Is Ending Its Free Bags Policy. It’s Bad for Consumers But Good for the Stock.
The policy change is likely to disappoint travelers but it's had the opposite effect on investors as the shares surged ...
Barclays Reaffirms Their Buy Rating on Delta Air Lines (DAL)
Barclays analyst Brandon Oglenski maintained a Buy rating on Delta Air Lines (DAL – Research Report) today and set a price target of $80.00.
Delta Air Lines Cuts Q1 Guidance Below Estimates: Airline Stocks Fall
Delta Air Lines cut its first-quarter revenue and profit guidance after Monday's closing bell sending a shockwave throughout ...
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Other Views: Delta’s CEO tells Gayle King that Trump will improve the FAA. Good for him
On “CBS Mornings” last Wednesday, Gayle King asked Ed Bastian, CEO of Delta Airlines, if he was concerned by what she ...
Goodbye to carry-on luggage as you know it? Delta Airlines and WestJet changing baggage policy in 2025
Airlines may be tightening carry-on rules in 2025, with questions about bag sizes, restrictions, and what this means for ...
Hours after ‘smoky odor’ forced Delta plane back to Logan airport, passengers land in New Orleans
A Delta Air Lines flight bound for New Orleans returned to Boston Logan International Airport on Sunday after a “smoky odor” ...
Delta Air Lines lowers outlook, says economic uncertainty driving softness in domestic demand
Delta Air Lines slashed its first-quarter earnings and revenue outlook Monday, saying that a recent decline in consumer and corporate confidence amid growing uncertainty over the economy is weakening ...