DELTA AIR LINES CUTS Q1 PROFIT FORECAST IN HALF, SHARES PLUNGE 14%

Delta Air Lines has revised its first-quarter profit estimates down by 50%, triggering a 14% drop in its stock price. CEO Ed Bastian attributed the sharp downgrade to a weakened environment, citing U.S. economic uncertainty as a key factor impacting performance. The airline’s outlook reflects broader concerns over inflation and consumer spending patterns.