- Delta Air Lines says that global economic uncertainty on prices harms reservations.
- “Growth has largely stalled,” said CEO Ed Bastian in the release of the airline’s first quarter.
- Delta said he had AX plans to increase flight capacity in the second half of 2025.
Delta Air Lines warned that Donald Trump’s pricing plan strikes the airline where it hurts.
“With a large economic uncertainty around global trade, growth has largely stopped,” CEO Ed Bastian said in a press release alongside his first quarter income on Wednesday.
“In this slower growth environment, we protect the margins and cash flows by focusing on what we can control,” he added.
In addition to managing costs and capital expenses, Delta decided not to increase its capacity in the second half of the year, he said.
The airline has declared a quarterly turnover of $ 13 billion, with an operating profit of $ 591 million. He also declared a profit by action of 46 cents, beating the expectations of analysts.
This raised the course of Delta’s action in trading before marketing, up more than 3% before the bell.
Delta expects things to improve in the next quarter, with a profit per share between $ 1.70 and $ 2.30 on an operating margin between 11% and 14%.
He indicated that total turnover compared to last year could drop by 2% or increase up to 2%.
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