financetom
Business
financetom
/
Business
/
Market Chatter: Delta Air Lines CEO Says Mandated Flight Cuts to Have 'Significant' Financial Impact
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Delta Air Lines CEO Says Mandated Flight Cuts to Have 'Significant' Financial Impact
Nov 12, 2025 9:44 AM

12:21 PM EST, 11/12/2025 (MT Newswires) -- Delta Air Lines ( DAL ) CEO Ed Bastian said that government-mandated flight cuts will cost the airline a "significant amount," Bloomberg reported Wednesday, citing an interview with the executive on CNBC.

Delta had 2,500 cancellations in the last week, according to Bastian, the report said.

"We'll still have a strong quarter, it won't wipe out our profits by any means," Bloomberg quoted the executive as saying.

The government reduced flight capacity by 10% at 40 major US airports on safety concerns, leading to over 9,000 flights being cancelled since the measure came into effect, Bloomberg reported, citing aviation analytics firm Cirium.

Delta did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 59.66, Change: +1.92, Percent Change: +3.32

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved