Delta Airlines has just sliced its profit forecasts for 2025, citing a need to recalibrate amidst market fluctuations. However, CEO Ed Bastian reassures that customer demand is stabilizing, hinting at a potential rebound in travel.

• Profit Outlook Update: Delta has downgraded its earnings expectations for 2025.
• Demand Stability: Despite profit cuts, CEO reports that demand levels are showing signs of stabilization.
• Market Reactions: Investors are reacting cautiously as the airline industry navigates through a turbulent phase.

Here's the full scoop.