Delta Air Lines Stock News

Delta Air Lines said it expects a $200 million impact to its fourth quarter pre-tax profit due to disruptions caused by the recent US government shutdown, translating to roughly $0.25 per share. Earlier this week, JetBlue Airways similarly flagged a minor operational impact for the quarter related to the shutdown, combined with Hurricane Melissa in Jamaica.

Demand in the December quarter “remains healthy,” and the price tag was not as high as Wall Street feared.

The market has been braced for negative news as carriers reveal the effects of the government shutdown.

Delta said the government shutdown that ended last month cost it $200 million in earnings. The carrier said bookings weakened during the shutdown, the longest in U.S. history.

Delta Air Lines said the government shutdown prompted a temporary pullback in demand that hurt earnings.

Delta Air Lines expects to take a $200 million hit from government shutdown flight disruption. Airlines were forced to cancel thousands of flights during October and November.

A Delta Air Lines flight from China to Detroit diverted to Japan. It touched down in Tokyo-Haneda about two hours after taking off.

The U.S. Transportation Security Administration said it screened 3.13 million airline passengers on Sunday, the highest number for a single day.