Delta Air Lines warns of revenue hit as election spurs travelers to stay home

Delta Air Lines on Thursday warned of a hit to its fourth-quarter revenue, saying consumers want to be home around the upcoming US presidential election and are holding off discretionary spending. Still, the Atlanta-based carrier said the current quarter is shaping up to be one of the most profitable fourth quarters in its history due to improved pricing power as well as strong holiday travel bookings. Delta said the Nov. 5 presidential election is expected to shave 1 percentage point from its unit revenue ...