Delta Air Lines planes are seen stationed at Seattle-Tacoma International Airport on June 19, 2024 in Seattle, Washington.
Kent Nishimura | Getty images
Delta airlines There will be no flight in the second half of the year due to disappointing reservations among President Donald Trump’s changing trade policies, which CEO Ed Bastian called “the bad approach”.
Delta Wednesday planned its revenues in the second quarter to decrease up to 2% or increase up to 2% compared to last year, while Wall Street expected growth of 1.9%. The airline provides for a profit adjusted per share from $ 1.70 to $ 2.30 compared to the estimates of analysts of $ 2.23 per share.
The carrier also said that he could not reaffirm his financial guidelines in 2025, a month after confirming the objectives at a conference on investors. Last month, Delta reduced its prospects for profits from the first quarter, citing the lower than expected business travel and leisure request.
This is a change for Delta, the most profitable American airline, which started 2025 optimistic over another year of high travel demand, and a sign of increasing concern among CEOs of companies concerning acute appetites for consumers for expenses.
“Over the past six weeks, we have found a corresponding reduction in consumer confidence and business confidence,” Bastian told CNBC. He said that the demand, overall, was “quite good” in January and that things “really started to slow down” in mid-February.
Wall Street analysts have reduced their benefits and price objectives for airlines in recent weeks on fears of slowing demand.
Bastian said the main cabin reservations are lower than previously expected, although the request for business travel has also been affected while businesses are rethinking certain business trips, the Trump administration reduces the government’s workforce and the markets.
He said international and premium trips were relatively resilient.
Delta planned to widen the flight capacity from approximately 3% to 4% in the second half of 2025, Bastian said in an interview. From now on, the carrier’s ability will be flat by one year a year.
“With a large economic uncertainty around global trade, growth has largely stopped,” Bastian said in the statement of Wednesday profits. “In this slower growth environment, we protect margins and cash flows by focusing on what we can control.”
Delta is the first of the main American carriers to publish income. United,, American,, Southwest And others should report later this month.
Here is how the company performed in the three months closed on March 31, compared to what Wall Street was waiting, on the basis of the consensual estimates of LSEG:
- Profit by action: 46 cents adjusted vs 38 cents expected
- Income: $ 12.98 billion adjusted. This may not compare with $ 13.02 billion expected
In the first quarter, Delta’s net profit reached $ 240 million, compared to $ 37 million last year, with revenues up 2% from one year over another at $ 14.04 billion.
Stripping the sales of Delta refinery, Delta posted a profit adjusted by action of 46 cents, up 2% compared to the expectations of analysts and more analysts and adjusted income of $ 12.98 billion, up 3% compared to last year and almost in accordance with the expectations of Wall Street.
