Delta Earnings Will Take Hit Due to Shutdown, CEO Says

Delta Air Lines is facing a significant challenge as CEO Ed Bastian revealed that the airline's fourth-quarter earnings will suffer due to a recent government shutdown, which led to more than 2,000 flight cancellations. This disruption highlights the broader implications of government policies on the airline industry, particularly during peak travel times. However, Bastian expressed optimism, stating that he expects travel to normalize in time for the holiday season. This expectation reflects a common trend in the industry where seasonal travel spikes can help recover losses incurred during unforeseen disruptions.