Delta CEO says Trump tariffs are hurting bookings as airline pulls 2025 forecast
Publishing timestamp: 2025-04-09 10:33:45
Summary
Delta Air Lines cuts growth plans and can't reaffirm 2025 financial guidance due to disappointing bookings amid Trump's trade policies. Concerns about slowing demand and impact of policies lead to capacity reductions. Delta's stock rallied after Trump's tariff announcement. Earnings beat expectations in first quarter.
Sentiment: MIXED
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Source: https://www.cnbc.com/2025/04/09/delta-air-lines-dal-1q-2025-earnings.html