Delta CEO warns Trump tariffs are already threatening the $300 billion revenge travel market: ‘We’re acting as if we’re going into a recession’

Quick Summary:

Bastian called Trump's tariffs "the wrong approach" as markets spiral.

Bastian's comments are a notable departure from earlier predictions that 2025 would be Delta's most profitable year in history.

Delta cut its first-quarter earnings outlook in March, citing weaker-than-expected demand for corporate and leisure travel.

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Article Details

Author / Journalist: Ashley Lutz

Category: EconomyBusiness

Markets: United States

Topics: Tariffs Consumer Spending Donald Trump Jamie Dimon Business Travel Recession Air Travel Economy Delta Air Lines

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-09 @ 14:30:55 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 417 words

Reading Time: 3 minutes read

Sentences: 4 lines

Sentence Length: 105 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27757655

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 29 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #95

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