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.
104 Articles
104 Articles
Delta drops prospects amid global trade war
Delta Air Lines, which believed as recently as January that it was on track for its best financial year in company history, said Wednesday that disruptions in global trade have created such enormous uncertainty that it scratched its performance expectations…

Bookman: Tariff chaos means pain for Georgia business – and maybe for state GOP in midterms
Since the deepening of the waterway was completed in 2022, the Port of Savannah, the single largest and fastest growing container terminal in the United States, has seen increased shipping traffic. Danielle Gaines/Maryland MattersAtlanta-based Delta Air Lines canceled earlier projections of record annual profits this week, with CEO Ed Bastian instead warning investors that the airline is canceling expansion plans and preparing for a recession. “…

Delta Air Lines had been expecting a record year. Then a trade war broke out
Delta Air Lines, which believed as recently as January that it was on track for its best financial year in company history, said Wednesday that disruptions in global trade have created such enormous uncertainty that it scratched its performance expectations…
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