Delta Air Lines Warns Of Election-Related Revenue Hit But Projects Rebound

  • 19 hours ago
Delta Air Lines expects a revenue dip in the fourth quarter due to decreased travel demand around the U.S. presidential election. Delta projects one of its most profitable fourth quarters, thanks to strong holiday bookings and improved pricing. The election is predicted to reduce unit revenue by 1% for the December quarter, with a two-week slowdown in travel before demand rebounds. Fuel price drops and capacity control have improved earnings, with Delta shares rising 30% since August.

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