Delta Air Lines Revenue Forecast Cut Spooks Investors


A passenger walks past Delta jets. Delta Air Lines issued a revenue warning on Thursday. Bloomberg

Skift Take: Investors in all sectors are on edge. But that’s especially true for airlines, as the industry has an impressive history of losses during harsh economic times. Given the consolidation of the past decade, we suspect U.S. airlines are in better shape to handle a downturn than before. But we’ll need a crisis before we know for sure.

— Brian Sumers

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Tropical Storm Disrupts Thailand’s Peak Tourism Season

Samantha Teo

Photo by a tourist currently on Chaweng Beach showing operators protecting their restaurants from impending storm with sandbags. Samantha Teo

Skift Take: Just as it is recovering from heavy drops in Chinese visitors, Thailand has to count more losses as a powerful storm barrels through the south, where its popular beaches at this time are usually filled with Europeans seeking sunny days.

— Raini Hamdi

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