Delta shares plunge 14% after airline slashed profit forecast: ‘We saw companies start to pull back’
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 US economic uncertainty. The Atlanta ...
Delta Air Lines reduced its guidance for Q1 2025, leading most airline stocks to fall. Alaska Air Group fell along with the ...
Delta is the first U.S. airline to revise its outlook following fears that the U.S. may hit an economic soft patch.
Fears were around consumer spending spurred by President Donald Trump’s policies. Read more at straitstimes.com.
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