Delta loses $408 million; 8,000 employees contract Covid over the last four weeks

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Delta lost $408M in the final quarter of 2021, and the carrier predicts that it will suffer one more quarterly loss before travel perks up in spring and summer.

CEO Ed Bastian said 8,000 employees have contracted Covid-19 over the last four weeks. Sick workers and winter storms have led to more than 2,200 cancelled flights since Dec. 24.

Omicron has halted a long, slow rise in travel and thrown it into reverse. So far in January, the number of people flying in the U.S. is down 20 percent from same month in 2019 — worse than the 16 percent declines in November and December.sent a letter to employees saying that 3,000 employees had tested positive for Covid-19. On a single day at Newark Liberty International Airport, nearly one-third of United’s staff called in sick and the airline cut back on scheduled flights systemwide.

Delta believes it will hire several thousand people this year, Bastian said, as it rebuilds from the pandemic and prepares for what it hopes will be a busy summer. The company set aside $108 million for special profit-sharing payments of $1,250 for each current employee. Sara Nelson, president of the Association of Flight Attendants, said Delta lobbied the CDC after it was slow to offer incentive pay for employees to pick up extra work during the holidays as infections spread.

 

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Bummer. Guess our cost will go up to ensure the top execs still receive their massive bonuses. I’d hate to see their bottom line suffer over mine.

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