According to a notification by Delta Air Lines to the US Securities and Stock Exchange Commission (SEC), the company predicted that the income increase in the first quarter of this year would be between 3 percent and 4 percent annually.
Previous estimates were expected to be between 7 and 9 percent.
The company has expected profit per share for the same period from the range of 70 cents to $ 1 to 30 cents to 50 cents.
In his notification to the company’s SEC, the appearance was affected by the last decline in consumer and corporate trust caused by increasing macro uncertainty and caused softening in domestic demand.
Delta top manager (CEO) Ed Bastian in an interview with CNBC, pointing to the decrease in consumer’s trust, said this is the cause of the difficulty in the market.
Bastian, “As a result of this began to cut the corporate expenditures of companies, expenditures began to pause. Consumer expenditures began to pause.” evaluated.
