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Coronavirus forces Delta Air Lines to burn $60M per day as flights are grounded

Delta expects second-quarter revenue to be down 90 percent......»»

Category: topSource: foxnewsApr 3rd, 2020

Coronavirus forces Delta to scale back flights by 70%, park 600 jets

Delta Air Lines said on Wednesday it was parking more than 600 jets, cutting corporate pay by as much as 50%, and scaling back its flying by more than 70%......»»

Category: topSource: foxnewsMar 18th, 2020

Delta Further Reduces Seating On Flights In Response To Coronavirus

Delta Air Lines, Inc. (NYSE: DAL) CEO Ed Bastian said Tuesday that the airline is blocking even more seats on its flights to enforce social distancing, I read more.....»»

Category: blogSource: benzingaMay 6th, 2020

Delta warns of choppy coronavirus recovery, working to halve cash burn

Delta Air Lines Inc said on Wednesday it does not expect air travel to recover for two or thr.....»»

Category: topSource: reutersApr 22nd, 2020

Delta to halve cash burn as it turns focus to choppy coronavirus recovery

Delta Air Lines Inc has taken steps to halve its cash burn to $50 million per day through June after posting its first quarterly.....»»

Category: topSource: reutersApr 22nd, 2020

Delta to reduce cash burn as it braces for sluggish recovery from pandemic

Delta Air Lines Inc reported on Wednesday its first quarterly loss in eight years as the coronavirus crisis devastates air travel demand, but said its dai.....»»

Category: topSource: reutersApr 22nd, 2020

Delta to halve cash burn as it braces for sluggish recovery from pandemic

Delta Air Lines Inc reported on Wednesday its first quarterly loss in eight years as the coronavirus crisis devastates air travel demand, but said its daily ca.....»»

Category: topSource: reutersApr 22nd, 2020

Delta parks 600 jets and scales back flights as revenue tanks

Delta Air Lines said on Wednesday it was parking more than 600 jets, cutting corporate pay by as much as 50%, and scaling back its flying by more than 70% until demand begins to recover from the coronavirus epidemic hit......»»

Category: topSource: reutersMar 18th, 2020

U.S. airlines prepare new flight cuts after new UK, Ireland restrictions

Delta Air Lines plans to scale back more flights after the United States expanded travel restrictions to Britain and Ireland, it said, and Southwest Airlines was moving toward its first flight cuts as the spreading coronavirus saps demand......»»

Category: topSource: reutersMar 14th, 2020

Delta Cuts Flights By 40%, Halts Europe Service, Grounds 300 Airplanes

Delta Air Lines, Inc. (NYSE: DAL) announced Friday it is scaling back flights by 40% and suspending service to most of Europe amid the coronavirus crisis, CEO Ed Bastian stated in a letter to employees. Delt.....»»

Category: earningsSource: benzingaMar 13th, 2020

Delta Cuts Flights By 40%, Halts Europe Service, Grounds 300 Airplanes

Delta Air Lines, Inc. (NYSE: DAL) announced Friday it is scaling back flights by 40% and suspending service to most of Europe amid the coronavirus crisis, CEO Ed Bastian stated in a letter to employees. read more.....»»

Category: blogSource: benzingaMar 13th, 2020

U.S. airlines capping fares from Europe to U.S. amid coronavirus restrictions

American Airlines Inc and Delta Air Lines Inc both said Thursday they will cap air fares on flights from Europe to the United States that are impacted by new travel restrictions as Americans flock to European airports trying to return home......»»

Category: topSource: reutersMar 12th, 2020

Delta Air extends suspension of U.S.-China flights through May 31

Delta Air Lines Inc said on Wednesday it was extending the suspension of all flights between the United States and China from April 30 to May 31 due to the coronavirus outbreak......»»

Category: topSource: reutersMar 11th, 2020

Delta, American airlines cutting international and domestic flights due to coronavirus

Delta Air Lines is cutting its international flight capacity by 20% to 25% and its domestic U.S. flight capacity by 10% to 15% as coronavirus fears keep travelers at home. “In the weeks since COVID-19 emerged, Delta people have risen to the challen.....»»

Category: topSource: bizjournalsMar 10th, 2020

Delta cutting international and domestic flights due to coronavirus

Delta Air Lines is cutting its international flight capacity by 20 to 25 percent and its domestic U.S. flight capacity by 10 to 15 percent as coronavirus fears keep travelers at home. “In the weeks since COVID-19 emerged, Delta people have rise.....»»

Category: topSource: bizjournalsMar 10th, 2020

6 US airlines are canceling flights to global destinations outside of China as coronavirus spreads — here"s the list

Getty/NurPhoto/Yichuan Cao US airlines are cutting services to Asian cities outside of China as coronavirus spreads across national boundaries. Delta Air Lines and Hawaiian Airlines were the first to suspend routes and reduce frequencies to Seoul, .....»»

Category: topSource: businessinsiderMar 9th, 2020

Delta scales back flights to Japan in wake of "reduced demand" from coronavirus

Delta is cutting flights to another major destination in the wake of coronavirus fears. Delta Air Lines Inc. (NYSE: DAL) said Wednesday it will reduce its weekly flying schedule to Japan, the wealthiest market in Asia, starting March 7 through April .....»»

Category: topSource: bizjournalsMar 4th, 2020

Delta scales back flights from MSP to Japan in wake of "reduced demand"

Delta is cutting flights to another major destination in the wake of coronavirus fears. Delta Air Lines Inc. (NYSE: DAL) said Wednesday it will reduce its weekly flying schedule to Japan starting March 7 through April 30 and suspend summer seasonal.....»»

Category: topSource: bizjournalsMar 4th, 2020

3 US airlines are canceling flights to global destinations outside of China as coronavirus spreads — here"s the list

Getty/NurPhoto/Yichuan Cao US airlines are cutting services to Asian cities outside of China as coronavirus spreads across national boundaries. Delta Air Lines and Hawaiian Airlines were the fi.....»»

Category: smallbizSource: nytFeb 28th, 2020

Delta cutting flights to South Korea; JetBlue waives U.S. change fees

Delta Air Lines Inc said on Wednesday it would temporarily cut flights to and from South Korea, citing global health concerns related to the coronavirus outbreak as U.S. airlines grapple with lagging travel demand......»»

Category: topSource: reutersFeb 26th, 2020

Delta, American will suspend China flights as virus spreads

Delta Air Lines and American Airlines on Friday said they are suspending their already reduced service to mainland China as the rapid spread of coronavirus hurts demand for flights to the country......»»

Category: topSource: moneycentralJan 31st, 2020