Delta to Hit the Brakes on Growth as the Pandemic Worsens
Delta Air Lines (NYSE: DAL) will likely not add much to its schedule for the remainder of the year beyond the 1,000 new flights in late summer it has already announced, a reminder of the prolonged impact COVID-19 will have on the industry.
In recent weeks, airlines have been slowly rebuilding their schedules as travel demand begins to climb off of April lows, but Delta CEO Ed Bastian told employees on Thursday that he believes the airline is "at least two years away from a return to normal."
Image source: Delta Air Lines.
Source Fool.com
