Delta reducing capacity by 40% because of pandemic

Delta Air Lines Inc. became the company to reduce its capacity due to the coronavirus outbreak, announcing it will reduce the number of flights by 40% over the next four months.

The company’s chief executive Ed Bastian said the airline is currently seeing negative net bookings over the next four months. As a result, Bastian stated he would forgo his salary for next six months.

Earlier, Deutsche Lufthansa AG said it would cut up to 50% of its flight capacity due to the pandemic.



Breaking the News / MD



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