Delta CEO: 'We're at a stall right now'

Delta Air Lines warned on Tuesday it will be more than two years before the industry sees a sustainable recovery from the “staggering” impact of the coronavirus pandemic, with demand largely tracking the curve of infections in different places. “We’re at a stall right now,” CEO Ed Bastian told Reuters, saying demand that built up over June for travel to places like Las Vegas, Florida or New York had suffered due to fresh cases and quarantines, while picking up to some mountain and international destinations. Atlanta-based Delta posted a $2.8 billion adjusted net loss, or $4.43 per share, for the …read more

Source:: Yahoo Finance

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