© Reuters. FILE PHOTO: American Airlines passenger planes crowd a runway where they are parked due to flight reductions to slow the spread of coronavirus disease (COVID-19), at Tulsa International Airport in Tulsa
(Reuters) – Delta Air Lines (NYSE:DAL) said on Monday that it expects a first-quarter revenue decline at the low end of its forecast for a 60% to 65% decline from the same quarter in 2019, before the pandemic crushed air travel demand, as domestic bookings improve.
Speaking at conference, Delta CEO Ed Bastian said he sees "real glimmers of hope."
Earlier, Southwest Airlines (NYSE:LUV) and JetBlue Airways (NASDAQ:JBLU) also pointed to a steady rise in leisure bookings as signs of a slowing pandemic due to vaccine rollouts drive more people to go on vacations or visit their friends and relatives.Leave a comment