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Delta Air Lines: 8.94% drop in the stock market
The revenue is lower than expected
Delta Air Lines announced that revenues in the fourth quarter of 2018 were lower than previous forecasts and yesterday the trades on the stock market dropped by about 8.94%, after reaching a maximum of -10%. A black day also for the other US carriers that saw their share value fall in a cascading effect with American Airlines losing 7.5%, United 5%, Southwest Airlines 3.2% and JetBlue Airways 1.7%...
AVIONEWS - World Aeronautical Press Agency