Business

Delta says the Olympics will cost it $100 million as travelers skip Paris

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For more than 10,000 Olympic athletes, making it to Paris this summer is a dream come true. Thousands of potential tourists feel otherwise.

Delta Air Lines says travelers are avoiding the city this summer and booking to destinations elsewhere, amounting to a $100 million hit for the airline during an otherwise bustling summer for European travel, CEO Ed Bastian said.

Delta’s third-quarter profit and revenue forecast fell short of Wall Street expectationsÂ