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[ Sun, May 04th 2025 ]: CNN
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[ Sun, May 04th 2025 ]: PBS
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[ Fri, May 02nd 2025 ]: MSNBC
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[ Fri, May 02nd 2025 ]: CNN
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[ Fri, May 02nd 2025 ]: PBS
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Delta warns of 'economic uncertainty' and 'stalled growth' in new recession alarm bell | CNN Business

Delta Air Lines warned that revenue could fall in the current quarter and that "growth has largely stalled," forcing it to drop plans to offer more seats to passengers, in another warning sign about a possible recession hitting even businesses not directly impacted by recent tariffs.
Delta Air Lines reported a significant drop in first-quarter earnings, signaling potential economic turbulence ahead. The airline's profits fell by 29% compared to the same period last year, attributed to a combination of rising fuel costs and softening demand for air travel. CEO Ed Bastian expressed concerns about the broader economic environment, noting that consumers are becoming more cautious with their spending. Despite the downturn, Delta remains optimistic about the upcoming summer travel season, expecting a rebound in demand. However, the airline is also preparing for various scenarios, including a potential recession, by adjusting its capacity and cost structure.

Read the Full CNN Article at:
[ https://www.cnn.com/2025/04/09/business/delta-earnings-economic-warning/index.html ]