Delta to ground 300 aircraft and cut all flights to mainland Europe
Delta Air Lines is grounding 300 aircraft, representing about 30% of its 900-strong fleet, and cutting all flights to mainland Europe as the coronavirus cripples travel and grips the world. The airline says it will cut overall capacity 40% in the coming months, including all flights to mainland Europe. It is the largest reduction in Delta’s history, including in the months following the 9/11 terrorist attacks. “The speed of the demand fall-off is unlike anything we have ever seen,” writes CE Ed Bastian in a March 13 note to employees. “We are moving quickly to preserve cash and protect our company.” Bastian says the airline is deferring aircraft deliveries and cutting discretionary spending on information technology projects, consultants and contractors, as well as offering voluntary unpaid leave to employees. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2020-03-16/sky/delta-to-ground-300-aircraft-and-cut-all-flights-to-mainland-europe
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Delta to ground 300 aircraft and cut all flights to mainland Europe
Delta Air Lines is grounding 300 aircraft, representing about 30% of its 900-strong fleet, and cutting all flights to mainland Europe as the coronavirus cripples travel and grips the world. The airline says it will cut overall capacity 40% in the coming months, including all flights to mainland Europe. It is the largest reduction in Delta’s history, including in the months following the 9/11 terrorist attacks. “The speed of the demand fall-off is unlike anything we have ever seen,” writes CE Ed Bastian in a March 13 note to employees. “We are moving quickly to preserve cash and protect our company.” Bastian says the airline is deferring aircraft deliveries and cutting discretionary spending on information technology projects, consultants and contractors, as well as offering voluntary unpaid leave to employees. <br/>
