Delta Airlines cites softening domestic demand for flights, cuts outlook ...Middle East

The company cut its first quarter revenue growth forecast to 3% to 4% from its earlier forecast of 7% to 9% y/y. The company sees earnings of 30-50 cents from the earlier guide of 70-cents to $1.

Shares are down 16% after hours following a 5.5% decline in regular trading.

For shareholders, it's been a wild ride in the past few months as shares nearly doubled since August before falling by almost 40%.

This article was written by Adam Button at www.forexlive.com.

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