3 sources·Business

Delta Air Lines CEO Welcomes Trump Administration as a Regulatory Refresh

Delta's CEO praises Trump's expected deregulation efforts, citing overreach under Biden, and anticipates growth for the airline industry.

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Updated: Nov 20th, 2024, 2:42 PM ET

Summary

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Ed Bastian, Delta Air Lines CEO, describes the incoming Trump administration as a refreshing change for airlines, criticizing Biden's consumer-protection regulations as overreach. Ahead of Delta's investor day, he highlighted the company's financial stability and future growth, while also addressing concerns about ongoing federal investigations regarding service issues and frequent-flyer program transparency. The airline industry is hopeful for a more favorable regulatory landscape under Trump, especially with the nomination of Sean Duffy for transportation secretary. Consumer advocates are wary, predicting potential rollbacks on essential consumer protections.

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