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Delta CEO says Trump’s trade war is hurting bookings as airline axes 2025 flight growth plans

  • Delta Air Lines announced it will reduce flight capacity plans for 2025 due to concerns about the trade war and economic uncertainty, according to CEO Ed Bastian.
  • Delta reported quarterly earnings of $240 million, surpassing analyst predictions, and operating revenue rose to $14.04 billion, while consumer and corporate confidence issues prompted a decrease in revenue growth outlook.
  • Bastian expressed concern that 'with broad economic uncertainty around global trade, growth has largely stalled' and warned against expanding capacity in the second half of 2025.
  • The airline reported a total revenue of $13 billion, with operating profit at $591 million, and expects first-quarter earnings per share to range between 30 cents and 50 cents.
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Forbes broke the news in United States on Wednesday, April 9, 2025.
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