Delta Air Lines said Wednesday it was parking more than 600 jets, cutting corporate pay by as much as 50%, and scaling back its flying by more than 70% until demand begins to recover from the coronavirus epidemic hit. In a memo to employees, Delta CE Ed Bastian said the company would continue taking "all necessary self-help measures," with cash preservation the top priority, even as it remains optimistic of industry support from the White House and Congress. Delta said its officers will take a 50% pay cut through June 30 while board members forgo pay for the next 6 months. Bastian has already given up his salary for the next 6 months. The company is consolidating airport facilities, closing the majority of its Delta Sky Clubs, and reducing other spending in an effort to save more than US$4b in cash in Q2. <br/>