Delta CEO: More government regulations on airline industry could lead to higher ticket prices

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The CEO of Delta Air Lines commented Wednesday on how more government regulation on the airline industry could impact ticket prices.

"There's no question if there is another layer of government regulation and cost that's introduced into the system, it'll eventually find its way back into ticket prices," Bastian told"CBS Mornings."

When asked about possible lobbying efforts against new regulations, Bastian said it would be premature to comment until the specifics are known. However, he highlighted Delta's existing commitment to customer service, saying the airline already offers"meaningful" compensation to customers in cases of disruptions. Bastian sought to assure travelers that Delta is prepared for the summer ahead.

He said plans are underway to build a new lounge at John F. Kennedy International Airport and that further developments are in the pipeline for expanding the lounge at New York's LaGuardia Airport.

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