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-b… [+2946 chars]
Delta shares plunge 14% after airline slashed profit forecast: ‘We saw companies start to pull back’ - New York Post
The Atlanta-based airline is the first major US carrier to report that mounting economic worries among consumers and businesses are hurting domestic travel.
By:Reuters
Source:New York Post
Published:
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