Delta Air Lines slashes earnings outlook on weaker U.S. demand

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8 months ago
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Delta Air Lines lowered its first-quarter revenue and profit forecasts due to weaker domestic demand, reflecting broader concerns about the travel industry’s sales slowdown.

Delta now expects revenue to rise only 5% from last year, down from its previous forecast of 6% to 8%.

Its adjusted earnings forecast was also reduced to 30-50 cents per share, from 70 cents to $1.

The company cited reduced consumer and corporate confidence amid macroeconomic uncertainty, alongside safety concerns following recent incidents.

Delta’s stock dropped over 13% in after-hours trading, CNBC has reported.

Other airlines, including American Airlines, Southwest, and United, are also expected to update investors on demand trends.

read more: https://www.cnbc.com/2025/03/10/delta-air-lines-cuts-forecast-softer-demand.html

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