Delta CEO says demand 'at a stall,' 2019 business travel may never return

) 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.Leisure demand that built up over June for travel to places like Las Vegas, Florida or New York has suffered due to fresh infections and quarantines, while growing to some mountain and international destinations.

The pandemic has forced airlines globally to park planes, cut costs and raise capital to stem losses. It sees the July burn rate steady at $27 million a day, with improvements as people feel more comfortable traveling.

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.

Listening to airline CEO’s make predictions about the unpredictable traveling public, humans in general, is ludicrous. Especially when contract negotiations are looming. captobvious

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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
Source: Forbes - 🏆 394. / 53 Read more »