Bastian didn't say how far into the future it will extend its policy but Bastian's comments suggest it could be through the end of the year or into early 2021.
"I'd rather add more flights back and more seats into the market in a safe way than trying to maximize the number of people you can put on an individual airplane,'' he said. "Everyone appreciates it’s not going to last forever,'' he said,"but in the face of a health crisis that space onboard really matters and customers are telling that.''Crushed by coronavirus: Delta's financial performance in the April-June period was dismal
The airline brought in just $1.5 billion in revenue in the April-June quarter, versus $12.5 billion in the same period a year ago as passenger counts plummeted 93%. It posted a net loss of $5.7 billion, compared with a profit of $1.4 billion a year ago. It is the first major airline to report results for the quarter.Bastian, in a stark contrast to most of his rivals, says the airline might not have to lay off any workers despite the crushing coronavirus pandemic.
That is great to hear.
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Delta CEO says zero layoffs a possibility, promises empty middle seats beyond SeptemberDelta Air Lines CEO Ed Bastian, in a stark contrast to most of his rivals, says the airline might not have to lay off any workers despite the crushing coronavirus pandemic. oh my 'crushing pandemic' Delta Delta has always been my favorite. Except Atlanta, nobody likes it with the ridiculously short connection times considering I almost always have to go to another concourse. FF program is the best even though they killed half the benefits and don't give full miles value.
Source: USATODAY - 🏆 100. / 63 Read more »
Delta Says Business Travelers Will Come Back Slowly, But Will Choose Delta When They DoDelta, the first airline to report second quarter results as the airline industry struggles through the coronavirus crisis, said revenue fell 91% as capacity fell 85%. ouch A few billion well spent
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Delta CEO says air travel 'at a stall' amid resurgent virus, recovery over two years awayDelta Air Lines warned on Tuesday it will be more than two years before the industry sees a sustainable recovery from the 'staggering' impact of the coronavirus pandemic, with demand largely tracking the curve of infections in different places. Isn’t this what Buffett said?🤨 No more public funds. A trillion dollar deficit in June and it didn’t help anything with the virus just a fake market recovery. They need to feel the brunt of the world crisis now. Maybe they should have spoken up more to get this under control earlier. Upgrade the entire plane to business class and fly economy price if you want to boost flying.
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Delta CEO says demand 'at a stall,' 2019 business travel may never returnDelta Air Lines expects its third-quarter revenue and flight capacity to be around 20% to 25% of last summer, with demand stalling amid a surge in COVID-19 cases and a sustainable industry recovery more than two years away. Listening to airline CEO’s make predictions about the unpredictable traveling public, humans in general, is ludicrous. Especially when contract negotiations are looming. captobvious Hi, My relatives (Philippine citizens) will be travelling Seattle-Vancouver-Manila On the 21st of July. Please confirm, they will be allowed to board since their final destination is Manila notVancouver.
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Delta may avoid furloughs thanks to demand for early exit dealDelta Air Lines may be able to avoid involuntary furloughs in the fall after receiving interest from more than 15,000 employees for early exit deals, one person with knowledge of the matter said. poll Should the gov help airlines? Thinking good thoughts for company survival The Right way! Well isn't that special. A lot of us never even got the $1200 but it's good to know Delta is all good because of a deal
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Delta may avoid furloughs after demand for buyouts, other U.S. airlines sound alarmDelta Air Lines may be able to avoid involuntary furloughs in the fall after receiving interest from more than 15,000 employees for early buyout packages, one person with knowledge of the matter said, even as other U.S. airlines are sounding the alarm on jobs.
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