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Airline stocks tumble after Delta trims profit forecast
DALDelta(DAL) CNBC·2024-01-12 16:33

Delta Air Lines shares slipped about 7% Friday after the company trimmed its 2024 earnings forecast. Delta forecast full-year earnings per share of $6 to $7, below its previous estimate of more than $7 per share for 2024.Other major airlines including United, American and Southwest also fell on the new estimate, released alongside quarterly earnings. United and American were down about 8% each, while Southwest fell more than 3%.Delta finished 2023 by doubling its quarterly profit as bookings, both for corpo ...