Delta CEO: Airline's Pandemic Strategy Is 'Putting People Over Profits'
U.S. airlines are facing unprecedented economic turmoil. CEO Ed Bastian discusses Delta's decision to fly its planes at 60% capacity and why halting the coronavirus is better than bailouts.
by Ari Shapiro
Jul 27, 2020
2 minutes
In the history of commercial air travel, airlines have never had a stretch as bad as the last few months. Early in the pandemic, Delta Air Lines was losing $100 million each day. Now it's losing about $27 million a day.
While Delta is making "good headway" on reducing its cash burn, the most important factor for financial recovery is something that's largely out of the
You’re reading a preview, subscribe to read more.
Start your free 30 days