Delta cut its 2025 forecast after tariffs and hesitant consumers hit the brakes on trips this year.
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Delta Air Lines
reinstated its 2025 profit outlook Thursday and said it expects a stronger summer travel season than Wall Street anticipated.
Bookings have stabilized after a drop in demand earlier this year, CEO Ed Bastian said in an interview, though at lower levels than the airline forecast at the start of the 2025.
Delta shares were up 12% in late-morning trading. Shares in other airlines, which report results later this month, also rose after Delta’s report.
The airline said bookings are strong from both leisure customers and corporate travelers in the first few days of the year.
CEO Ed Bastian told CNBC's Phil LeBeau that Delta had taken a $400 million hit so far for the fourth quarter, but that demand has…
Investors are glum about tariffs taking a bite out of Delta's guidance, sending shares down 3% as the carrier capped a banner…
Delta is scaling back its flight plans as fuel costs grow to reduce its expenses.
Delta trimmed its fourth-quarter profit forecast, citing the government shutdown.
Delta and other carriers are relying more on revenue from the front of the plane.
