For a company like Delta whose bonds are rated Baa3 (one step above junk) by Standard and Poors and B by Moody’s (real junk), it does not seem like a good business idea to alienate your current and future customers by getting involved in Georgia politics regarding election laws.
I’m not sure if Delta will be hurt in the long run. Most of my conservative friends who swore off the NFL a year ago eventually started watching again.