Delta boarding change; USPS urged to capitalize on mailboxes

Morning Business Outlook: Delta Airlines is ending zone boarding in effort to discourage customers from lining up in the gate area and to speed up the process; Trump administration says the United States Postal Service should consider selling private companies access to your mailbox.

Delta Air Lines, the No. 2 U.S. airline, on Monday reported quarterly and full-year earnings and also warned that the partial government shutdown will cut into its first-quarter performance.

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In a conference call, the airline said that the shutdown will cost it $25 million this month. It also reported that its first-quarter earnings will be hurt by several factors, including the shutdown.

“Our March quarter adjusted unit revenue growth is expected to be flat to up two percent including impacts from the timing of Easter, increasing currency headwinds, and the ongoing government shutdown,” Glen Hauenstein, Delta’s president, said in a statement.

Delta reported that adjusted earnings per share (EPS) in the October-December quarter rose 42 percent to $1.30 — compared to Wall Street expectations of $1.26 per share — and net income jumped to $1.01 billion from $299 million.

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