The corona crisis colored the business figures of the US airline Delta in dark red last year. The bottom line is a billion-dollar loss of almost 10,2 billion euros.
A year earlier, the world looked very different. At that time, business flourished and the airline made a profit of almost 3,9 billion euros, like Aero reported. But the corona crisis hit the aviation industry with full force this year. Delta boss Ed Bastian now hopes to bring the airline through the crisis with further government aid worth billions: "I am optimistic that it will be a year of recovery and a turning point." Last year, Delta's sales slumped nearly two-thirds to $ 17,1 billion. Air traffic had largely come to a standstill at times as a result of the corona pandemic. Even after that, the demand for flight tickets remained at a low level.
In the meantime, the top management has regained hope. She expects that demand for air travel will initially only recover unevenly at the beginning of the year and that bookings will remain rather weak. As soon as larger parts of the population are vaccinated, the offices reopen and consumer confidence grows, the management expects a sustained increase in demand. Until then, Delta like other airlines will have to hold out. At the end of December, Delta reportedly still had $ 16,7 billion in cash. Every day it loses $ 10 to 15 million.