Thursday, April 13, 2023

Delta sees strong demand persisting as it reports loss

Delta sees strong demand persisting as it reports loss

Delta sees strong demand persisting as it reports loss

Delta Air Lines has reported a loss of $1.2 billion for the first quarter of 2021, but the airline is optimistic about the future as it sees strong demand persisting.

The loss is a result of the ongoing COVID-19 pandemic, which has severely impacted the airline industry. However, Delta's CEO, Ed Bastian, said that the airline is seeing "a path of progressive improvement in demand" and expects to break even by the end of the second quarter.

Delta has been working to adapt to the changing travel landscape, including implementing new health and safety measures and adding more flights to popular destinations. The airline has also been focusing on its cargo business, which has seen increased demand during the pandemic.

"We are encouraged by the progress we are seeing in our business, and we are optimistic about the future," Bastian said in a statement. "We are confident that Delta will emerge from the pandemic as a stronger and more resilient airline."

Delta's strong demand outlook is a positive sign for the airline industry as a whole, which has been struggling to recover from the pandemic. As more people get vaccinated and travel restrictions are lifted, airlines are hoping to see a surge in demand for travel.

Overall, Delta's loss for the first quarter of 2021 is a setback, but the airline's optimism about the future is a good sign for the industry as a whole.



https://www.lifetechnology.com/blogs/life-technology-technology-news/delta-sees-strong-demand-persisting-as-it-reports-loss

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