Delta's CEO says the government shutdown is costing the airline $25 million a month
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Delta CEO says government shutdown is costing airline $25 million a monthHere's what investors are watching, from JPMorgan Chase and Wells Fargo earnings to Theresa May's Brexit bill.
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Delta's CEO said the airline will lose $25 million this month due to the government shutdownDelta Air Lines CEO Ed Bastian told CNBC that the lost revenue will result from reduced travel by government employees and contractors.
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Delta CEO: There's slight reduction in January revenue due to shutdown'It's hopefully going to be relatively smooth traveling for our customers.' The government shutdown may be causing longer lines at some airports, Delta CEO Ed Bastian said, but 'most of our airports are reporting no material change in the line waits.'
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#GoodNewsRUHLES: Delta paying for MLK Nat’l Park to be open on MLK weekendMartin Luther King National Historical Park in Atlanta has been closed since the government shutdown began. But, the Delta Airlines Foundation is donating a grant to reopen the park and allow visitors to honor the civil rights leader who would have turned 90 years old this month. That GoodNewsRUHLES!
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