Delta CEO says the Trump administration will reverse government 'overreach' seen under Biden [Yahoo! Finance Canada]
Southwest Airlines Company (LUV)
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Source: Yahoo! Finance Canada
air” for airlines after what he calls government “overreach” under President Joe Biden. The airline industry has chafed under consumer-protection regulations imposed by the Biden administration. And Delta is facing a federal investigation into its slow recovery from a global technology outage this summer. Delta CEO Ed Bastian made the comment as he and fellow Delta executives prepared to host Wall Street analysts at an investor day Wednesday in Atlanta. Bastian noted that President-elect Donald Trump campaigned on a pledge to reform the federal government and reduce its size The airline executive said Trump promised “to take a fresh look at the regulatory environment, the bureaucracy that exists in government, the level of overreach that we have seen over the last four years within our industry. I think that will be a breath of fresh air.” Southwest Airlines CEO Robert Jordan struck a similar tone after a speech last week in Dallas. “I think there is a general thought that
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- Delta CEO Ed Bastian calls Trump administration a ‘breath of fresh air' for airlines [Fortune]Fortune
- Delta CEO says the Trump administration will reverse government 'overreach' seen under Biden [Yahoo! Finance]Yahoo! Finance
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