Delta's CEO says the government shutdown is costing the airline $25 million a month
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Delta's CEO said the airline will lose $25 million this month due to the government shutdownDelta Air Lines CEO Ed Bastian told CNBC that the lost revenue will result from reduced travel by government employees and contractors.
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Delta CEO says government shutdown is costing airline $25 million a month, and holding up its newest jetHere's what investors are watching, from JPMorgan Chase and Wells Fargo earnings to Theresa May's Brexit bill.
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Delta CEO: There's slight reduction in January revenue due to shutdown'It's hopefully going to be relatively smooth traveling for our customers.' The government shutdown may be causing longer lines at some airports, Delta CEO Ed Bastian said, but 'most of our airports are reporting no material change in the line waits.'
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Why PayPal is giving $500 cash advances to federal workers hurt by government shutdownPayPal CEO Dan Schulman set up a $25 million fund to help federal workers hurt by the government shutdown as part of the company's responsibility to serve the communities it serves.
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