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Delta CEO Ed Bastian says one key to building customer loyalty is ‘obsessing’ over your own staff

Diane Brady
By
Diane Brady
Diane Brady
Executive Editorial Director
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Diane Brady
By
Diane Brady
Diane Brady
Executive Editorial Director
Down Arrow Button Icon
October 30, 2025, 5:16 AM ET
Delta CEO Ed Bastian speaks at the Fortune Global Forum in Riyadh on Oct. 27, 2025.
Delta CEO Ed Bastian speaks at the Fortune Global Forum in Riyadh on Oct. 27, 2025.Stuart Isett/Fortune
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  • In today’s CEO Daily: Diane Brady on building customer loyalty.
  • The big story: U.S.-China trade truce.
  • The markets: Trending down.
  • Plus: All the news and watercooler chat from Fortune.

Good morning. Customer loyalty is a tricky thing: hard to get, relatively easy to maintain, and hard to win back once it’s lost. Inertia is a powerful force, which is why consumers keep the same bank account for an average of 17 years.

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So it was fascinating to hear Delta Air Lines CEO Ed Bastian and Riyadh Air CEO Tony Douglas talk to Fortune’s Alyson Shontell about building loyalty in this climate during the recent Fortune Global Forum. Both carriers have an opportunity to recruit new loyalty members—Delta in becoming the first U.S. carrier with direct flights to Saudi Arabia, between Atlanta and Riyadh, and newcomer Riyadh Air getting 400,000 signups for its loyalty program in its first 10 days. Some advice:

Prioritize Your Own People – “In our business, everyone focuses on the airline, the aircraft, the technology, the airports, the amazing destinations we get, but it’s the staff that bring it to life,” said Bastian, who agrees with founder C.E. Woolman’s mission to take good care of your people so they can take care of customers. “I obsess on my 100,000 own so they can then go do the amazing work that our customers deserve. If your people don’t feel that love and respect and care, they’re never going to be able to give you the service that you expect.” (Bastian echoed a similar sentiment to me earlier this year during a webinar marking Delta’s rising rank on Fortune’s list of Best Companies to Work For.)

Digitize – As a new carrier, Riyadh Air had the opportunity to be what Douglas calls “a true digital native.” That means “building a technology stack that will bring an altogether different experience for our guests.” For example, you can book different days for different people in your family and put them together in one order, like you can already do when buying goods on, say, Amazon. Added Douglas: “Because we didn’t have a legacy, this was a golden opportunity.”

Personalize – Bastian often uses the word ‘concierge’ while Douglas is using agentic AI to create a differentiated experience for each customer. Part of that comes through creating a broad network: Delta flies to more than 300 destinations—which rises to more than 1,000 when you include code-share partners—and Riyadh Air has a mandate to reach more than 100 cities around the world over the next five years. Part comes by giving people more flexibility over how they accrue, swap and deploy loyalty points. For Douglas, that means reinventing airline loyalty programs into a “lifestyle proposition.”

Deliver – Ultimately, there is no substitute for reliable and excellent service. “We would never win on a low-cost strategy,” said Bastian, who decided to distinguish Delta as the most reliable airline. It worked. “Once you develop the reliability standard, your staff starts to believe that this is different,” as do customers who then become more willing to pay for that premium service. Watch the full interview here.

More news below.

Contact CEO Daily via Diane Brady at diane.brady@fortune.com

Top news

U.S.-China trade truce

U.S. President Donald Trump’s meeting with China’s Xi Jinping resulted in the U.S. lowering fentanyl-related tariffs on China, and China suspending some export curbs; it will resume U.S. soybean purchases and lift controls on rare-earths exports. Trump said he expected the one-year deal to “be very routinely extended.”

Fed cuts rates 

The Fed cut rates by a quarter point on Wednesday as “economic activity has been expanding at a moderate pace” despite the institution lacking key employment data due to the government shutdown. Chair Jerome Powell cautioned investors, however, to not count on another rate cut in December, which tipped markets lower.

Nvidia hits $5 trillion 

Nvidia became the first company to hit a $5 trillion market cap on Wednesday morning. The milestone followed remarks from CEO Jensen Huang that the company has "visibility into half a trillion dollars [in revenue]” and after President Trump said Nvidia's Blackwell chips would come up during his meeting with Xi (ultimately, they did not.) 

Alphabet revenue soars

Alphabet revenue surged 16% in the third quarter, with sales reaching a record $102.3 billion, as the Google parent’s advertising and cloud computing units helped fund its vast AI spending. The company expects its capital expenditures to reach between $91 billion to $93 billion this year, up from $52.5 billion last year.

U.S to resume nuclear weapons testing

Shortly before his Xi meeting, President Trump said he’d instructed the U.S. Defense Department to resume the testing of nuclear weapons to keep pace with other countries like China and Russia. The U.S. has the world's largest nuclear arsenal, Trump said, but has not tested the weapons since 1992. 

Mastercard eyes stablecoin infrastructure startup

Mastercard is in advanced talks to acquire cryptocurrency and stablecoin infrastructure startup Zerohash for between $1.5 billion and $2 billion, according to sources familiar with the matter who spoke to Fortune. If finalized, the deal would mark Mastercard’s largest move yet into the stablecoin sector.

The markets

S&P 500 futures are down 0.14% this morning. The last session was flat at close. STOXX Europe 600 was down 0.35% in early trading. The U.K.’s FTSE 100 was down 0.41% in early trading. Japan’s Nikkei 225 was up 0.04%. China’s CSI 300 was down 0.8%. The South Korea KOSPI was up 0.14%. India’s NIFTY 50 was down 0.68%. Bitcoin is down at $110K.

Around the watercooler

America’s flatlining income growth is hitting Gen Z the hardest, throttling their shot at homeownership, JPMorgan report warns by Sasha Rogelberg

CEO of $62 billion software giant Workday’s warning: ‘There’s nothing more dangerous than yesterday’s success’ by Emma Burleigh

MacKenzie Scott’s latest $60 million donation is a sign philanthropists are trying to fill the void from Trump’s cuts to FEMA by Sydney Lake

Governments are likely to pillage the $80 trillion ‘Great Wealth Transfer’ to fund their national debt, says UBS by Eleanor Pringle

CEO Daily is compiled and edited by Joey Abrams and Claire Zillman.

This is the web version of CEO Daily, a newsletter of must-read global insights from CEOs and industry leaders. Sign up to get it delivered free to your inbox.
About the Author
Diane Brady
By Diane BradyExecutive Editorial Director
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Diane Brady writes about the issues and leaders impacting the global business landscape. In addition to writing Fortune’s CEO Daily newsletter, she co-hosts the Leadership Next podcast, interviews newsmakers on stage at events worldwide and oversees the Fortune CEO Initiative. She previously worked at Forbes, McKinsey, Bloomberg Businessweek, the Wall Street Journal, and Maclean's. Her book Fraternity was named one of Amazon’s best books of 2012, and she also co-wrote Connecting the Dots with former Cisco CEO John Chambers.

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