WASHINGTON (Reuters) - A group representing major U.S. airports on Friday revised upward its forecast for estimated losses this year to $5.7 billion after President Donald Trump instituted new European travel curbs and as flight reductions rose.
Airports Council International-North America on Thursday had forecast losses $3.7 billion before Delta Air Lines (N:DAL) said it was planning to cut 40% of its flights in the coming months. The group said it expects "this latest estimate to grow, as well, as bookings and other travel-related activity continues to drop."