Bloomberg Intelligence BI Weekend: Delta, Constellation Brands Earnings
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Apr 11, 2025 Dive into the financial world as experts analyze Delta Airlines’ uncertain earnings amid fierce competition. Discover how Constellation Brands is navigating challenges from tariffs and shifting consumer tastes. Hear insights on clean energy and the effects of Washington policies. Explore the transformative potential of AI in business operations. Delve into the implications of recent healthcare policies on drug manufacturers and the changing landscape of ESG commitments among major banks.
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Delta's Q1 Performance
- Delta Air Lines reported strong performance in premium markets and Europe travel.
- Non-premium, domestic travel is performing poorly, causing Delta to flatline capacity growth.
Airline Industry Outlook
- Airlines likely won't switch airplane suppliers due to long queues.
- Delta won't accept many new planes this year due to tariffs and flat capacity.
Airline Industry Outlook
- Full-service airlines might struggle more than low-cost carriers due to operating leverage.
- Low-cost carriers have already cut capacity, potentially putting them ahead of the curve.