Overview

• Delta Air Lines anticipates a $100 million hit due to reduced travel to Paris this summer.
• The airline's joint venture with Air France holds a 70% market share in U.S.-France nonstop flights.
• Air France also reports a revenue loss of approximately $196 million for the same period.
• High hotel prices and political instability in France contribute to the decline in tourism.
• Delta expects travel demand to rebound after the Olympics end in mid-August.