Delta pulls profit guidance saying air travel has ‘largely stalled’

Delta Air Lines pulled its financial forecast for 2025 and projected current-quarter profit below expectations, saying travel demand has "largely stalled" as sweeping US tariffs fuel economic uncertainty. US consumer and business confidence have taken a beating as US president Donald Trump's tariffs on imports from most of the world raise the spectre of higher inflation and slower economic growth. Global brokerages have also lifted their odds for a recession.

.