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Delta Air Lines Not Likely To Add Many More Flights for Remainder of 2020

The airline expects to add about 1,000 flights in August, but that will be it for the year.

Image: Airbus A321. Source: Delta Air Lines

(Reuters) – Delta Air Lines expects to add about 1,000 flights in August but the U.S carrier is unlikely to add “many more” flights for the remainder of the year, Chief Executive Ed Bastian said in an internal memo on Thursday.

“While it’s encouraging to see flights returning, we expect our overall demand this summer to be only 25 percent of last summer’s revenue, and we likely remain at least two years away from a return to normal,” Bastian said.

Reporting by Sanjana Shivdas in Bengaluru and Tracy Rucinski in Chicago; Editing by Vinay Dwivedi

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Source: Reuters

Do Fed bank regulators not at least read about what their monetary policy brethren are doing? Rates have been rising for a year! The regulatory executives who somehow overlooked this should be asked to polish their resumes and seek other pastures.