Delta's chief executive officer says business travel continues to lag but remains optimistic about the airline's countermeasures — including its policy to create distance among passengers by blocking middle seats during the novel corona-virus pandemic.
Delta Air Lines Inc. CEO Ed Bastian made the comments during Delta's sec-ond quarter earnings call Tuesday, July 14. Delta posted a $7 billion pre-tax loss and saw year-over-year operational revenue fall by 91% in the quarter as the pandemic ravaged the commercial aviation industry.
As other commercial airlines have warned employees of poten-tial furloughs and layoffs before the end of this year, Bastian said he is hopeful the Atlanta-based carrier can avoid involuntary separations.
In the months since the pandemic began, Bastian has repeatedly predicted Delta will emerge as a smaller company. More than 17,000 Delta employees — roughly 20% of the company's workforce — applied for buyouts or early re-tirements before the June 13 deadline. Thousands more have elected to go on voluntary unpaid leave through the fall.
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