Delta Air Lines Slashes Guidance On Weak Demand. Airline Stocks Tumble.
Delta stock tumbled in premarket trade Tuesday after the airline late Monday slashed its outlook based on weakening demand. Delta Air Lines (DAL) late Monday cut its guidance for its Q1 2025 results. The airline now expects 3% to 4% revenue growth for its March-ending quarter. That's down from its January forecast for a 7% to 9% increase. The outlook…