Reported 2 days ago
Delta Air Lines reported weaker-than-expected revenue growth and cautioned against reduced capacity growth due to trade tariff uncertainties, which poses potential risks for Boeing investors. Delta's management noted that tariff implications could lead to canceled or delayed aircraft orders, emphasizing increased costs and weakened demand in the airline industry. This situation suggests that Boeing might struggle to compete on cost with Airbus, making it a stock to avoid amidst escalating trade tensions, while also presenting buying opportunities if favorable trade deals materialize.
Source: YAHOO