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Thread: Delta Pre-announces Weaker Domestic Demand
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Old Apr 1, 2025 | 5:46 pm
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Originally Posted by resolute
Ever hear of a corporate fib? This statement might just be one, If not now, it probably will be soon after all the travel booked prior to Feb. '25 burns off...
Of course that happens, but in this situation, I really doubt DL is going to voluntarily pre-announce bad news and then sugar coat it at the same time. The true corporate fib would be to stay quiet completely, or "kitchen sink" the preannounce, and overstate the bad news so they can "beat" estimates later.
If they mention that "premium" demand is weakening at their Q1 conference call this month, then it is probably based on booking data since the preannouncement.
10am EDT April 9th will be the conference call. Typically Ed does a pre-call interview on CNBC at around 7-8am that morning.
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