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Delta Air Lines cuts profit guidance after computer crash

September 07, 2016 /

Delta Air Lines on Wednesday cut its profitability guidance for the third quarter after a computer system crash at the leading US airline last month caused chaos, forcing it to cancel about 2,300 flights. Paul Jacobson, Delta’s chief financial officer, told a conference in Boston the airline expects operating profit margins to fall to between 18 and 19 per cent in the three months to September 30, compared with a previous forecast of 19 to 21 per cent.