Tag: Delta Airlines

Delta Expects Profit to Nearly Double Next Year on “Robust” Air Travel Demand

Reuters reports that Delta Air Lines just announced that it expects almost doubled profits in the coming year, due to strong demand and reduced “non-fuel operating costs.” Delta expects fourth-quarter revenue to be “7%-8% higher than the same period in 2019.” Delta sees non-fuel costs down “by as much as 7% in 2023 as the company expects to fully restore its network to pre-pandemic level, resulting in a better utilization of its resources.” Delta CEO Ed Bastian said, “Demand for air travel remains robust as we exit the year.”
Full Story (Reuters)

Delta Preparing for 5 Million Travelers During Thanksgiving

The Atlanta Journal-Constitution reports that Delta Air Lines is expecting “the heaviest Thanksgiving traffic Delta has seen since the start of the pandemic” – over 5 million passengers for the holiday period. Recovering from pandemic staffing cuts means that around “a quarter of the airline’s employees have joined the company over the last two years.” Delta CEO Ed Bastian said, “We have hundreds of thousand[s] of years of service that retired and we have a whole new generation coming in.” Another result of the pandemic was the airline’s first Chief Health Officer, Dr. Henry Ting. Delta is now more focused “on the mental health and emotional well-being of its employees, including hiring a behavioral psychologist and staff clinicians.”
Full Story (Atlanta Journal-Constitution)