Delta Air Lines CEO expects flight reductions to impact quarterly performance

Delta Air Lines (DAL.US) stated that the forced flight reductions have caused chaos in the U.S. airline industry, resulting in significant financial impacts. However, the company expects that if the government shutdown ends this week, the airline industry will return to normal during the busy Thanksgiving holiday period.

CEO Ed Bastian mentioned that the company canceled over 2,000 flights during this period and pointed out that it is impossible to make up for this loss in one quarter, which indeed has affected the business. He also stated that booking volumes have decreased by 5% to 10%, and Delta Air Lines has had to refund some passengers