Delta is cutting more flights now than it did after 9/11

Delta Air Lines Airbus A220-100

Photo by Nicolas Economou/NurPhoto via Getty Images

Delta Air Lines is reducing its flight capacity by 40 percent due to a coronavirus-related dropoff in demand, marking the biggest reduction in operations in the airline’s history. That includes the months after the September 11th terrorist attacks in 2001, Bloomberg reports. Delta CEO Ed Bastian told employees in a memo on Friday that he will forgo his salary for the next six months, calling the situation “a severe crisis.”

“The speed of the demand fall-off is unlike anything we’ve seen,” Bastian said in a statement. “We are moving quickly to preserve cash and protect our company. And with revenues dropping, we must be focused on taking costs out of our business.”

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via The Verge – All Posts

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