Delta Air Lines becomes the first major US carrier to report a downturn in domestic travel, citing corporate pullbacks and consumer uncertainty as key factors behind the revised outlook. In a stark reflection of the shifting economic landscape, Delta Air Lines revealed a significant downward revision of its first-quarter profit estimates on Monday, causing its stock to plummet by 14%. The Atlanta-based airline, a bellwether for the industry, became the first major US carrier to acknowledge the mounting pressure on domestic travel, driven by growing economic concerns and decreasing consumer and corporate confidence. A Weakened Economic Environment Delta’s CEO, Ed … Continue reading Delta Shares Plunge 14% as Airline Slashes Profit Forecast Amid Economic Uncertainty