Delta Halts Flight Expansion Amid Weak Bookings
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Delta Air Lines announced it will not expand its flight capacity in the second half of 2025 due to weaker-than-expected bookings. CEO Ed Bastian attributed this to softening consumer and corporate confidence, partly linked to President Trump's trade policies. The airline's second-quarter revenue forecast is now a decline of up to 2% or growth up to 2%, lower than Wall Street projections. While first-quarter results exceeded expectations, Delta is prioritizing margin protection amid economic uncertainty.
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