Mon Mar 10 20:50:00 UTC 2025: ## Delta Air Lines Cuts Outlook Amid Weakening Travel Demand
**Atlanta, GA** – Delta Air Lines significantly lowered its first-quarter revenue and profit projections, citing a downturn in domestic travel demand. The airline now anticipates revenue growth of no more than 5% compared to last year, a substantial reduction from its previous forecast of 6% to 8%. Adjusted earnings per share are expected to fall between 30 and 50 cents, down from the earlier prediction of 70 cents to $1. This announcement sent Delta’s stock plummeting over 13% in after-hours trading.
The revised outlook reflects reduced consumer and corporate confidence stemming from increased macroeconomic uncertainty. Delta CEO Ed Bastian attributed the softening demand to both leisure and business travelers, stating that while he doesn’t foresee a recession, consumer confidence has weakened. He also noted that recent safety concerns, following a deadly midair collision and a Delta crash landing, have negatively impacted bookings.
Despite the domestic slowdown, Delta maintains that demand for premium travel, international travel, and loyalty revenue remains strong. This announcement comes ahead of a JPMorgan airline industry conference where other major carriers, including American, Southwest, and United, are expected to provide similar updates on current market trends. The airline sector is facing pressure amid growing evidence of weakened consumer spending.
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