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Delta Earnings Will Take Hit Due to Shutdown, CEO Says
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Delta Air Lines expects a negative impact on its fourth-quarter earnings due to the government shutdown, resulting in over 2000 flight cancellations, but expects travel to return to normal for the holiday season.
Market Impact
Market impact analysis based on bearish sentiment with 70% confidence.
Sentiment
Bearish
AI Confidence
70%
Article Context
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Delta Air Lines Inc. Chief Executive Officer Ed Bastian says the carrier's fourth-quarter earnings will take a hit because of the government shutdown that led to mandatory flight cuts. “We had a little over 2000 cancellations. You can’t make that up within the quarter. So yes there was an impact,” he told Bloomberg's Lisa Abramowicz. But Bastian says he expects travel to be back to normal for the holiday season. (Source: Bloomberg)
Original article published by
Bloomberg
on November 12, 2025.
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