financetom
Business
financetom
/
Business
/
Market Chatter: Delta Air Lines Faces Criticism for Using AI to Set Fares
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Delta Air Lines Faces Criticism for Using AI to Set Fares
Aug 4, 2025 3:52 AM

06:36 AM EDT, 08/04/2025 (MT Newswires) -- Delta Air Lines ( DAL ) is facing pushback from lawmakers who object to the airline using artificial intelligence to set airfares, The Wall Street Journal reported on Sunday.

Delta executives said in July that the airline's new AI tool could help set up to 20% of its domestic fares by the end of 2025. AI is used to set about 3% of Delta's domestic fares now, according to the WSJ.

Delta's plans to use AI for price setting have garnered criticism and concerns that consumers' data and information could be exploited to set prices, including from lawmakers.

"Prices could be dictated not by supply and demand, but by individual need," a letter from US Senators Ruben Gallego, Richard Blumenthal, and Mark Warner to Delta CEO Ed Bastian wrote, according to the WSJ.

"There is no fare product Delta has ever used, is testing, or plans to use that targets customers with individualized offers based on personal information or otherwise," Delta said in a letter to senators Friday, the report said.

(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.)

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 >
Savaria Reports Q4 Adjusted EPS of $0.19
Savaria Reports Q4 Adjusted EPS of $0.19
Mar 6, 2024
05:29 PM EST, 03/06/2024 (MT Newswires) -- Savaria ( SISXF ) reported its Q4 2023 results. Quarterly revenue was $217 million, a 2.2% increase over Q4 2023's $212.1 million. The increase was due to organic growth of 6.2% and a positive foreign exchange impact of 2.3%, partially offset by the divestiture of the Norway operations. Net earnings was $11 million,...
Tourmaline Oil Swings Back to a Q4 Profit Despite Weak Gas Prices; Raises Dividend 7.1% and Declares Special Dividend
Tourmaline Oil Swings Back to a Q4 Profit Despite Weak Gas Prices; Raises Dividend 7.1% and Declares Special Dividend
Mar 6, 2024
05:30 PM EST, 03/06/2024 (MT Newswires) -- Tourmaline Oil (TOU.TO) on Wednesday said it swung back to a fourth-quarter profit will raising its dividend by 7.1% and declaring a special dividend despite weaker natural-gas prices. The Western Canadian oil and gas producer said it earned C$700.2 million, or C$2.00 per share, in the period, compared with a loss of C$30.37...
True North Commercial REIT Provides Update On Accretive Unit Repurchases Under Normal Course Issuer Bid
True North Commercial REIT Provides Update On Accretive Unit Repurchases Under Normal Course Issuer Bid
Mar 6, 2024
05:29 PM EST, 03/06/2024 (MT Newswires) -- True North Commercial Real Estate Investment Trust (TNT-UN.TO) Wednesday provided an update on its normal course issuer bid (NCIB) announcing that it has repurchased 212,460 trust units from Feb. 1-29, 2024, bringing the total number of units repurchased since the start of the NCIB to 847,071 units. The repurchase of units under the...
BRIEF-Nayax Enters Definitive Agreement To Acquire VMtecnologia
BRIEF-Nayax Enters Definitive Agreement To Acquire VMtecnologia
Mar 6, 2024
March 6 (Reuters) - Nayax Ltd: * NAYAX ENTERS DEFINITIVE AGREEMENT TO ACQUIRE VMTECNOLOGIA * NAYAX LTD: PROPOSED DEAL FOR ENTERPRISE VALUE OF APPROXIMATELY R$ 110 MILLION BRL * NAYAX LTD: PROPOSED DEAL FOR TOTAL POTENTIAL CONSIDERATION OF R$ 137.5 MILLION BRL INCLUDING AN EARNOUT * NAYAX LTD: INTENDS TO FUND INITIAL PAYMENT OF DEAL WITH AVAILABLE CASH RESERVES Source...
Copyright 2023-2026 - www.financetom.com All Rights Reserved