Delta Air Lines Says 7,000 Flight Cancellations Impacted Projected Year-Over-Year September Quarter Capacity Growth By About 1.5 Points
Portfolio Pulse from Benzinga Newsdesk
Delta Air Lines announced that 7,000 flight cancellations have impacted their projected year-over-year September quarter capacity growth by about 1.5 points.
August 08, 2024 | 7:15 pm
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Delta Air Lines reported that 7,000 flight cancellations have reduced their projected year-over-year September quarter capacity growth by about 1.5 points.
The significant number of flight cancellations is likely to negatively impact Delta's revenue and capacity growth projections for the September quarter, leading to a potential short-term decline in stock price.
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