Delta makes deep flight cuts as coronavirus hurts demand, freezes hiring, pulls financial outlook

Business

A Delta Air Lines Boeing 767-300 landing in Amsterdam.

Nicolas Economou | NurPhoto | Getty Images

Delta Air Lines said Tuesday that it will make deep cuts throughout its network to cut costs as coronavirus drives down demand for air travel.

The carrier’s announcement follows similar measures taken by American, United and JetBlue.

The Atlanta-based carrier said it is reducing its international flying by as much as 25% and domestic capacity between 10% and 15%. 

Demand has dropped sharply in the past few days as more cases of coronavirus have been reported in the U.S. and booking trends will likely worsen, CEO Ed Bastian said at a J.P. Morgan industry conference.

This is breaking news. Please check back for updates.

Articles You May Like

Why brands like E.l.f., Wendy’s and Gap are branching out into original music
Unsure how long this AI bull has? Bonds now offer a cushion at the best values in years
3 English-Speaking Countries Ideal For A Part-Time Retirement Overseas
GM says hybrid vehicles are coming: ‘We’re not tone deaf to our customers’
After a yearslong slump, China’s real estate market may be set for a turnaround

Leave a Reply

Your email address will not be published. Required fields are marked *