By: Air Traveller PH Staff
As the Coronavirus situation pushes on, Delta Airlines is grounding 300 of its aircraft and is cutting flights to mainland Europe. The airline says that this 40% cut in capacity is the largest reduction of flights in its history, including those months following the September 11, 2001 terrorist attacks.
In a report by FlightGlobal, Delta Airlines Chief Executive Ed Bastian wrote to the employees saying, "The speed of the demand fall-off is unlike anything we have ever seen."
“We are moving quickly to preserve cash and protect our company," he also said.
To help cushion the blow of the COVID-19 on the airline, the company has defered aircraft deliveries, cut discretionary spending on information technology projects, and offering voluntary unpaid leaves to employees. Bastian is also foregoing 100% of his salary effective immediately for the next six months.
At this point, most major US airlines have reduced and restricted flights to Asia, Europe, and South America, resulting to decline in revenues which is expected for the first half of the year. The airlines have also offered affected passengers the option to cancel and reschedule flights without penalties as travel restrictions on European visitors to the US took effect Friday midnight.
Delta has 910 aircraft presently in service.