Delta Air Lines expects lower profits due to stalled travel demand from tariffs and economic uncertainty
From Yahoo Finance: 2025-04-09 06:40:00
Delta Air Lines forecasts a lower profit due to stalled travel demand amid economic uncertainty from Trump’s tariffs. U.S. confidence weakened, leading to fears of recession. Delta expects $1.70-$2.30/share profit, below analysts’ $2.30/share estimate. Revenue outlook is uncertain, with softer demand for domestic travel but resilient premium/international demand. Delta cuts capacity growth to flat for the year to protect margins.
Read more at Yahoo Finance: Delta’s profit outlook dims as tariffs stall travel demand