Delta Air Lines slashed its first-quarter earnings and revenue outlook Monday, saying that a recent decline in consumer and corporate confidence amid growing uncertainty over the economy is weakening domestic demand.
The company noted that its premium, international and loyalty revenue growth trends remained consistent with expectations.
Shares in the Atlanta-based carrier fell 13.2% in after-hours trading after closing 5.5% lower during the regular session. The stock is down 16.8% so far this…
