Delta Shares Plunge on 4Q Revenue Forecast

The video discusses Delta and American Airlines' performance in the S&P, focusing on Delta's lowered revenue guidance due to unmet business traffic expectations and a shift from corporate to leisure travel. It highlights Delta's aggressive guidance strategy compared to other airlines. The video also covers the impact of decreased oil and fuel costs on pricing and revenue forecasts, emphasizing investor concerns and market reactions.

What was Delta's initial unit revenue growth expectation for the quarter?

• 3 to 5%

• 2 to 4%

• 5 to 7%

• 1 to 2%

What was one reason for the unexpected performance of Delta in the last week of the quarter?

• Increase in corporate travel

• Increase in fuel prices

• Decrease in leisure travel

• Shift from corporate to leisure travel

How does Delta's guidance strategy differ from other airlines?

• Delta provides conservative estimates

• Delta follows industry trends

• Delta does not provide any guidance

• Delta provides aggressive estimates

What is the current range for jet fuel prices according to the forward curve?

• $1.20 to $1.40

• $2.40 to $2.60

• $1.60 to $1.80

• $2.00 to $2.20

What is the general sentiment among investors towards the airline industry?

• Optimistic and confident

• Excited and eager

• Indifferent and neutral

• Concerned and nervous