{"id":393927,"date":"2022-01-13T20:48:01","date_gmt":"2022-01-13T17:48:01","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/delta-eyes-strong-spring-travel-season-after-omicron-hit\/"},"modified":"2022-01-13T20:48:01","modified_gmt":"2022-01-13T17:48:01","slug":"delta-eyes-strong-spring-travel-season-after-omicron-hit","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/delta-eyes-strong-spring-travel-season-after-omicron-hit\/","title":{"rendered":"#Delta eyes strong spring travel season after Omicron hit"},"content":{"rendered":"

“#Delta eyes strong spring travel<\/a> season after Omicron hit<\/strong>”<\/p>\n

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\n \"Delta
\n Delta Air Lines is projecting a strong spring travel season after the Omicron Covid-19 variant forced widespread US flight cancelations in December.
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Delta Air Lines said Thursday it was past the worst of the Omicron COVID-19 surge as it projected a strong spring travel season while reporting a fourth-quarter loss.<\/p>\n

The big US carrier, the first airline to report results, said operations had essentially recovered after the industry canceled thousands of December flights during a holiday-season COVID-19 outbreak in which thousands of employees could not work because of the virus.<\/p>\n

“Delta’s operation has stabilized over the last week and returned to pre-holiday performance,” said Chief Executive Ed Bastian.<\/p>\n

“Omicron is expected to temporarily delay the demand recovery 60 days, but as we look past the peak, we are confident in a strong spring and summer travel season with significant pent-up demand for consumer and business travel.”<\/p>\n

Bastian told CNBC that about 8,000 employees had caught the virus, but had recovered. <\/p>\n

“There’s been no significant issues” with health effects, he said. “But it knocked them out of the operation for a period of time.”<\/p>\n

Delta reported a loss of $408 million in the quarter on revenues of $9.5 billion, which are down about 17 percent from the equivalent period of 2019.<\/p>\n

Delta projected that its first quarter 2022 capacity would be 83 to 85 percent of the 2019 level.<\/p>\n

The airline also forecast fuel prices of between $2.35 and $2.50 a gallon, up from $2.10 in the most recent quarter. <\/p>\n

Bastian told CNBC the airline would adjust if there is a “superspike” in oil prices, as some analysts have warned is possible.<\/p>\n

“We’ve seen it in the past,” Bastian said of higher oil prices.<\/p>\n

“We’ve figured out what we have to do to be able to recover, that it ultimately comes down to pricing. You need to be able to put a product and service that customers are willing to pay for. It includes all the prices of oil and all the costs of delivery.”<\/p>\n

Shares of Delta rose 1.7 percent to $41.30 in pre-market trading.\n <\/p>\n\n

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Delta reports another loss but sees jump in leisure travel\n <\/p><\/div>\n

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\n \u00a9 2022 AFP<\/p>\n

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Citation<\/strong>:
\n Delta eyes strong spring travel season after Omicron hit (2022, January 13)
\n retrieved 14 January 2022
\n from https:\/\/techxplore.com\/news<\/a>\/2022-01-delta-eyes-strong-season-omicron.html<\/p>\n

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