
Delta Airlines You will not expand flying in the second half of the year due to disappointing reservations in the middle of the president Donald Trumptransformation Commercial policiesAnd, who was called CEO Ed Bastian, “the wrong approach.”
On Wednesday, Delta expects her revenues in the second quarter to a decrease of up to 2 % or grow by up to 2 % from last year, while Wall Street expected a 1.9 % growth. The airline expects the profits per share from 1.70 to 2.30 dollars, compared to estimates of analysts of $ 2.23 per share.
The transportation company said it was too early to update the financial guidance for the year 2025, a month after confirming the goals at a conference for investors, although Delta said on Wednesday that she still expects to be profitable this year. Last month, Delta Cut Her profit expectations are in the first quarter, noting the weakest demand of companies and the entertainment of travel.
It is a transformation for Delta, the most profitable American airline, which started in 2025 optimistic Another year of strong demand for travel, with Bastian expected to be “the best financial year in our history.”
Bastian’s new comments show increased concern among CEOs about rebel consumer appetite for spending and the impact of some Trump’s policies. In November, Bastian said the Trump administration Industry regulation approach It is possible that “breathing from pure air”.
Wall Street They reduced their profits and price goals In recent weeks, airlines have fears of slowdown.
“In the past six weeks, we have seen a decrease in the vast consumer confidence and companies’ confidence,” Bastian told CNBC. He said that the request, in general, was “very good” in January and that things “really started slowing” in mid -February.
Bastian said the main cabin reservations were weaker than it was previously expected. He said that the travel request, which is growing about 10 % at the beginning of the year, has since slowed down because some companies have rethinking work trips, and the Trump administration has reduced government workforce and markets reeling. The White House did not immediately respond to a request for comment.
Bastian said that international and commanding travel, which was growing faster than sales than the trained cabin, was relatively flexible.
Bastian said in an interview that Delta had planned to expand flying by 3 % to 4 % in the second half of 2025. Now the capacity of the carrier will be flat throughout the year.
Delta air planes are parked at Seattle Takoma International Airport on June 19, 2024 in Seattle, Washington.
Kent Nishimura Gety pictures
TD Cowen Airline Tom Fitzgerd, Helane Becker wrote after Delta released her view of “TD Cowen Airline, Tom Fitzgerald and Helane Becker after I released Delta,” We expect this to be the first of many of the 2H25 capacity of airlines in this quarter “.
Glin Hawainchetein, president of Delta, said that some discounts in future capabilities can include Canada, as traveling to the United States and Mexico decreased. For Mexico, he said that there is a lower demand for travelers who visit friends and family instead of lower work travel.
“With the wide economic uncertainty about world trade, growth has stopped significantly,” Bastian said on the issuance of Wednesday’s profits. “In this slow growth environment, we protect margins and cash flow by focusing on what we can control.”
Delta is the first major American transport companies to profit. unitedand Americanand Southwest Others are scheduled to be presented later this month.
Customs tariffs and possible revenge duties can increase the costs of importing ingredients for the American space industry.
However, Delta Bastian said that the company will postpone any aircraft from the Airbus plane affected by definitions. Airbus produces aircraft in Europe but also uses the ingredients imported in its mob, Alabama, the factory.
Here is the way the company led in the three months ending on March 31and Compared to what Wall Street expected, based on the unanimity estimates of Lseg:
- Arrow’s profits: 46 cents expected for 38 cents
- profit: 12.98 billion dollars rate compared to 12.98 billion dollars expected
In the first quarter, the net of Delta’s income increased to 240 million dollars, up from $ 37 million in the past year, with 2 % revenues on an annual basis to 14.04 billion dollars.
Delta has stripped the Delta Refinery sales, where it recorded a modified profit per share 46 cents, an increase of 2 % over the expectations of analysts, and a modified revenue of $ 12.98 billion, an increase of 3 % over last year and in a row with Wall Street’s expectations.
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