The chief executive of Delta Air Lines says the incoming Trump administration will be a “breath of fresh air” for airlines after what he called government “overreach” under President Joe Biden. Delta CEO Ed Bastian made the comments before the airline held an investor day with Wall Street analysts on Wednesday.
FILE - Delta Air Lines CEO Ed Bastian talks at the new Terminal C at LaGuardia Airport on Oct. 29, 2019 in New York. Delta CEO Ed Bastian made the comment as he and fellow Delta executives prepared to host Wall Street analysts at an investor day Wednesday in Atlanta.
The airline executive said Trump promised “to take a fresh look at the regulatory environment, the bureaucracy that exists in government, the level of overreach that we have seen over the last four years within our industry. I think that will be a breath of fresh air.”Delta sues cybersecurity firm CrowdStrike over tech outage that canceled flights
The airline stood by its previous forecast that adjusted profit in the fourth quarter will be between $1.60 and $1.85 per share. The company said its 2025 revenue will rise by a mid-single-digit percentage over 2024. Analysts expect a 6% increase, according to a FactSet survey. Consumer advocates are wary of a second Trump administration, fearing that it could try to roll back a rule requiring automatic refunds after canceled flights and another that requires airlines to advertise the full price of fares upfront, including mandatory fees and taxes., former Wisconsin Rep. Sean Duffy. Duffy, a former reality TV star who is co-host of “The Bottom Line” on Fox Business, lobbied for U.S. airlines and their unions during a dispute with Persian Gulf carriers.
Inc. Donald Trump Joe Biden General News Travel Transportation Government Regulations Politics Washington News Ed Bastian Business Consumer Affairs Financial Markets Washington News
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Delta CEO says the Trump administration will reverse government 'overreach' seen under BidenThe chief executive of Delta Air Lines says the incoming Trump administration will be a “breath of fresh air” for airlines after what he called government “overreach” under President Joe Biden.
Read more »
Delta CEO says the Trump administration will reverse government 'overreach' seen under BidenThe chief executive of Delta Air Lines says the incoming Trump administration will be a “breath of fresh air” for airlines after what he called government “overreach” under President Joe Biden.
Read more »
Delta CEO says Trump administration's approach to regulation could be ‘breath of fresh air'Delta CEO Ed Bastian said the Trump administration could address governmental “overreach” in regulation.
Read more »
Goya CEO: Hispanic Voters ‘Head Over Heels’ for Trump Because Biden-Harris ‘Exploited’ ThemSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »
Biden’s FBI Raids Home of Polymarket CEO After Gambling Platform Successfully Predicts Trump VictorySource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »
NBC’s Mitchell: Trump ‘Bound’ Biden on Afghanistan with Deal Biden Could Have Gotten Out ofSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »