Delta Air Lines slashes earnings outlook on weaker U.S. demand, sending shares lower
Publishing timestamp: 2025-03-10 20:32:23
Summary
Delta Air Lines cuts first-quarter profit and sales forecasts due to weaker domestic travel demand, leading to a sharp drop in share prices. Concerns about consumer and corporate confidence, as well as recent safety incidents, have impacted bookings. Other airlines are also expected to update investors on demand trends at JPMorgan airline industry conference.
Sentiment: NEGATIVE
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Source: https://www.cnbc.com/2025/03/10/delta-air-lines-cuts-forecast-softer-demand.html