|
|
|
|
|
|
|
|
10.07.25 - 13:06
|
Demand Returns for Delta, Sets New Profit Target (Bloomberg)
|
|
Delta Air Lines Inc. issued a new profit target for this year after pulling the goal three months ago, in a sign that demand is bouncing back from the initial shock over US President Donald Trump's tariff war. Earnings came in above Wall Street estimates. The stock rose in the premarket. George Ferguson on Bloomberg Intelligence speaks on "Bloomberg Intelligence." (Source: Bloomberg)...
|
|
|
|
|
|
|
|
|
|
10.04.25 - 11:09
|
Delta Cuts Outlook, Refuses To Pay Tariff On Airbus Jets (ZeroHedge)
|
|
Delta Cuts Outlook, Refuses To Pay Tariff On Airbus Jets
Airbus aircraft shipments from Europe to the U.S. now face tariffs of approximately 20%. This poses a significant challenge for Delta Air Lines, which scrapped its full-year financial guidance amid rising uncertainty in global trade.
Delta Chief Executive Officer Ed Bastian told investors during an earnings call earlier that he has been "very clear" with European manufacturer Airbus: The airline would defer any deliveries subject to the additional tax. The carrier is working with France-based Airbus to mitigate the impact of the tariffs.
"We will not be paying tariffs on any aircraft deliveries," Bastian said Wednesday on the earnings call, adding, "These times are pretty uncertain, and if you start to put a 20% incremental cost on top of an aircraft, it gets very difficult to make that math work."
Bernstein analysts told clients they expect U.S. airlines to push for delivery delays. They estimate the e...
|
|
|
09.04.25 - 13:45
|
Delta Stock Up On Q1 Results Above Market; Withdraws FY25 View (RTTNews)
|
|
Shares of Delta Air Lines Inc. were gaining around 4 percent in the pre-market activity on the NYSE after the airline reported Wednesday higher first-quarter results, above market estimates. The company also issued second-quarter outlook, and said it is not reaffirming or updating its previously given outlook for fiscal 2025 due to the lack of economic clarity....
|
|
|