Delta Air Lines Shares Drop on Weak Revenue Outlook

Delta Air Lines Shares Drop on Weak Revenue Outlook
Passengers check in at a counter of Delta Air Lines in Mexico City, Mexico, on Aug. 8, 2016. Ginnette Riquelme/File Photo/Reuters
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Shares in U.S. carrier Delta Air Lines Inc. dropped 4 percent in Dec. 13 trading on concerns that slowing global economies would limit the No. 2 U.S. airline’s revenue growth in 2019 despite strong travel demand.

At its investor day, Atlanta-based Delta forecast a 4 to 6 percent rise in revenues, compared to an average 5.6 percent rise forecast by Refinitiv data.