Featured image of post Delta loses $408 million; 8,000 employees contract Covid over the last four weeks

Delta loses $408 million; 8,000 employees contract Covid over the last four weeks

Delta Air Lines lost $408 million in the final quarter of 2021, dragged down by a Covid-19 surge that rocked the airline in December, and the carrier predicted Thursday that it will suffer one more quarterly loss before travel perks up in spring and summer.

Delta Air Lines lost $408 million in the final quarter of 2021, dragged down by a Covid-19 surge that rocked the airline in December, and the carrier predicted Thursday that it will suffer one more quarterly loss before travel perks up in spring and summer.

Summary

  • CEO Ed Bastian said 8,000 employees have contracted Covid-19 over the last four weeks.
  • Earlier this week, United Airlines CEO Scott Kirby sent a letter to employees saying that 3,000 employees had tested positive for Covid-19.
  • Delta expects to lose money in January and February and for the first quarter as a whole.
  • The airline expects first-quarter revenue to be 72 percent to 74 percent of pre-pandemic levels — about the same as the fourth quarter.
  • The union accuses Delta of pressuring employees to return to work too soon after contracting the virus.