Delta Narrows Revenue Guidance As Travel Demand Shakes Off Trump Tariff Jitters: Report

Delta Air Lines Inc. (DAL) on Thursday reportedly narrowed its revenue guidance for the third quarter (Q3), amid a rebound in travel demand despite the jitters caused by President Donald Trump’s tariffs.

According to a Bloomberg report, Delta stated in a presentation at an industry conference on Thursday that it expects Q3 revenue to grow between 2% and 4% year-over-year, compared to its previous forecast of flat to 4% growth in revenue during the period.

Delta’s shares were down 0.05% in Thursday’s opening trade. Retail sentiment on Stocktwits around the company trended in the ‘neutral’ territory.

According to consumer price index data released by the Bureau of Labor Statistics (BLS) on Thursday, airline fares rose 5.9% in August, after a 4% rise in July.

Delta CEO Ed Bastian previously projected 2025 to be its best financial year.

“As we move into 2025, we expect strong demand for travel to continue, with consumers increasingly seeking the premium products and experiences that Delta provides. Our differentiated strategy and best-in-class operations, combined with demand strength and an increasingly constructive industry backdrop, position us to deliver the best financial year in Delta's 100-year history,” Bastian said.

Following the announcement of President Trump’s tariffs, several airlines, including Delta, Southwest Airlines Co. (LUV), and Frontier Group Holdings Inc. (ULCC), pulled their earnings forecast, citing “macroeconomic uncertainty.” This was despite projections of a spike in travel demand during 2025, with recessionary concerns clouding visibility.

DAL stock is up 1% year-to-date and 38% in the past 12 months.

Also See: US Jobless Claims Rise To Highest Levels In Nearly 4 Years

For updates and corrections, email newsroom[at]stocktwits[dot]com.