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Delta reports a $200M loss because of the record government shutdown . . . The longest government shutdown on record cost Delta Air Lines an estimated $200 million, CEO Ed Bastian said Wednesday in the first disclosure by a U S airline regarding the shutdown’s financial impact Bastian told investors that refunds “grew significantly” as bookings also slowed amid the uncertainty in air travel caused by the 43-day shutdown, contributing to Delta’s loss of
Delta took $200 million hit from government shutdown, CEO says The record-long government shutdown that ended last month cost Delta Air Lines an estimated $200 million, the company’s CEO said Wednesday Delta is one of several large airlines heavily
Government Shutdown Cost Delta Air Lines $200 Million in Profits Delta Air Lines lost $200 million in pre-tax profits due to reduced bookings and refunds during the 43-day government shutdown, impacting their fourth quarter profits and resulting in a 25 cent per share loss
Longest US government shutdown cost Delta Air Lines $200 million The longest government shutdown on record cost Delta Air Lines an estimated $200 million, CEO Ed Bastian said Wednesday in the first disclosure by a U S airline regarding the shutdown’s financial impact Bastian told investors that refunds “grew significantly” as bookings also slowed amid the
Longest US government shutdown cost Delta Air Lines $200 million The longest government shutdown on record cost Delta Air Lines an estimated $200 million, CEO Ed Bastian said Wednesday in the first disclosure by a U S airline regarding the shutdown’s financial impact Bastian told investors that refunds “grew significantly” while bookings slowed amid the uncertainty in air travel caused by the 43-day shutdown, contributing to Delta's loss of about 25