Delta and Other Airlines Are Sending a Warning. Is a Recession Coming? - Barron's
1. Delta warns of $500 million lower revenue expectations this quarter. 2. Travel spending declines due to low consumer and corporate confidence. 3. CEO comments eased initial selling pressure, helping sector recovery. 4. Revenue growth forecast reduced to 3-4%, down from 7-9%. 5. Premium and international revenue streams remain stable, bolstering future outlook.