Gold-Silver Ratio Hits 100:1 – A Historic Buying Signal for Silver 
Delta Air Lines is facing unexpected challenges in 2025, prompting the carrier to cancel planned flight capacity expansion and withdraw its financial guidance for the year.
CEO Ed Bastian specifically criticized President Trump’s tariffs as “the wrong approach,” noting their negative impact on bookings. Despite reporting first-quarter earnings of 46 cents per share (above the expected 38 cents) with revenue of $12.98 billion, Delta now forecasts second-quarter revenue between -2% and +2% compared to last year, below analysts’ expectations of 1.9% growth.
The airline has observed a sharp decline in consumer and corporate confidence since mid-February, with main cabin bookings particularly affected, though international and premium travel remain relatively stable. This represents a stark contrast to Bastian’s earlier optimism that 2025 would be Delta’s “best financial year in our history.” Analysts expect other major airlines to announce similar capacity reductions this quarter.
