In the final quarter of 2021, the US airline had a turnover of a good 8,45 billion US dollars (equivalent to almost 7,4 billion euros). Nevertheless, the red pencil must be applied. Because the bottom line was a loss of 408 million dollars.
Despite foreseeable losses due to the spread of the Omicron variant, Delta Air Lines wants to be profitable again from March. After a weak start to the year with the expected loss-making months of January and February, the company expects good results for all subsequent quarters and a “significant profit” for the year as a whole, according to CFO Dan Janki in a press release.
Around the Christmas holidays and the turn of the year, Delta, like other airlines in the USA, canceled several hundred flights. The reason was the spread of the omicron variant of the corona virus and bad weather. The former also had a drastic effect on the company's workforce, said CEO Ed Bastian. "Omicron is expected to delay demand recovery by 60 days," he said. In the meantime, flight operations at Delta have returned to the level before Christmas. Especially for spring and summer, Bastian expects a stronger demand for travel.