Delta Air Lines plans to slow growth
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New York Post |
Delta Air Lines CEO Ed Bastian said President Trump was taking “the wrong approach” with tariffs as the carrier pulled its financial forecast for 2025 and scaled back expansion plans for later this ye...
UPI |
Delta Airlines has withdrawn its financial forecast for 2025, blaming the negative economic effect of the Trump tariffs along with increasing uncertainty and lower travel demand.
Reuters |
With travel a discretionary item for many consumers and businesses, growing risks of a downturn have clouded the airline industry's outlook and sparked a selloff in shares.
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Delta Air Lines, which believed as recently as January that it was on track for its best financial year in company history, said Wednesday that disruptions in global trade have created such enormous uncertainty that it scratched its performance expectations for 2025.
Airline stocks tend to be highly sensitive to the business cycles, as evidenced by the U.S. Global Jets ETF (JETS) having already corrected 20% from the January high.
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Lucid (LCID) and American Airlines (AAL), Delta Air Lines (DAL), Ford (F), Rivian (RIVN) Shares Are Soaring, What You Need To KnowWhat Happened? A number of stocks jumped in the afternoon session after markets rallied sharply on news that President Trump announced a 90-day tariff pause. Reciprocal tariffs were also dropped to 10% for most countries,
A Delta Air Lines flight narrowly avoided a collision with a U.S. military jet shortly after takeoff from Washington National Airport on Friday.
Airline stocks were among the hardest hit by Donald Trump's tariff announcement. Demand has been waning, but analysts expect airfares to rise.
WASHINGTON - An American Airlines plane carrying at least three members of Congress at Reagan Washington National Airport was struck on the taxiway by the wingtip of another American Airlines jet, the Federal Aviation Administration said on Thursday.
Regional airlines are a major, but sometimes hidden, part of the aviation system in the U.S. Here's how they operate with major carriers.
American Airlines (Nasdaq: AAL) announced March 26 that the Dallas-based airline will expand its service to Hawaii as well. American will will resume service from Dallas-Fort Worth to Kona and add service to Kahului. The airline previously announced new service from Chicago to Honolulu.
Today, I face off two of the largest carriers in the country, Delta Air Lines (NYSE:DAL) and American Airlines (NASDAQ:AAL). Who might be the best buy relative to its peer? I will present below ...