The partial U.S. government shutdown will cost Delta Air Lines about $25 million in revenue this month as fewer government contractors and employees are traveling, the airline's, CEO Ed Bastian, said Tuesday.
The shutdown is the longest ever and has left some 800,000 government employees furloughed or working without pay.
Delta, which reported fourth-quarter earnings earlier Tuesday, said it expects the shutdown, along with currency headwinds and a later Easter this year, to dent its revenue in the first three months of the year. Unit revenue, which measures its revenue for every seat it flies a mile, will be flat to up 2 percent in the three months ending March 31, compared with the year-earlier period. Delta posted $10.74 billion in revenue for the last three months of the year, up 5 percent from a year earlier.