65º
wjxt logo
    • News
    • Watch Live
    • Local News
    • Florida
    • Georgia
    • National
    • Coronavirus
    • FluVaxJax
    • Vote 2023
    • Your Voice Matters
    • Politics
    • I-Team
    • Trust Index
    • Community
    • SnapJAX
    • Health
    • Money
    • Education
    • Consumer
    • Entertainment
    • Weird News
    • Weather
    • Weather News
    • SnapJAX
    • Skycams
    • Alerts
    • Hurricanes
    • Plan and Prepare
    • Georgia
    • St. Augustine
    • Surf and Tides
    • Environment
    • Forecasting Change
    • News4JAX+
    • Watch Live
    • News4JAX Insider
    • How To Watch News4JAX+
    • The Morning Show
    • River City Live
    • Podcasts
    • This Week In Jacksonville
    • Solutionaries
    • Something Good
    • TV Listings
    • Sports
    • Sports Videos
    • Jaguars
    • Jaguars Stats
    • News4JAGS Podcast
    • Gators Breakdown
    • Gators Stats
    • High School Sports
    • Football Friday
    • V4rsity Podcast
    • All Star Athlete
    • Features
    • News4JAX Insider
    • Positively JAX
    • River City Live
    • Deals4JAX
    • News4JAX+
    • Look Local
    • 4 Your Info
    • Travel
    • Taxes
    • Community Calendar
    • Jacksonville Image Awards
    • Food & Recipes
    • Live Healthy
    • Contests
    • Talking Health
    • Pets
    • uSay Voting
    • CW17
    • CW Program Guide
    • Bounce
    • Traffic
    • SnapJAX
    • Skycams
    • Jax Best
    • Food
    • Activities
    • Shopping
    • Places
    • Newsletters
    • Sign Up For Newsletters
    • Contact
    • Careers at WJXT/WCWJ
    • SnapJAX
    • Meet the Team
    • Advertise with us
  • News
  • Weather
  • News4JAX+
  • Sports
  • Features
  • CW17
  • Traffic
  • Jax Best
  • Newsletters
  • Contact
News4JAX.com
  • News
  • Weather
  • News4JAX+
  • Sports
  • Features
  • CW17
  • Traffic
  • Jax Best
  • Newsletters
  • Contact

A rip current statement in effect for 3 regions in the area

See the complete list

WEATHER ALERT

A rip current statement in effect for 3 regions in the area

ED BASTIAN


Delta raises employee pay 5%, second increase in a year

The wage hikes come as travel rebounds and the labor market remains tight.

cnbc.com

FAA says contractor unintentionally deleted files before outage disrupted thousands of flights

Around 10,000 flights were delayed because of the outage of a pilot-alerting system.

cnbc.com

Airlines back more spending, staff to fix failed FAA system

Airline executives are pushing Congress and the White House to step up funding for the Federal Aviation Administration after a technology failure briefly grounded flights around the country this week.

Delta CEO urges Washington to increase FAA funding after 'unacceptable' outage

An outage of a pilot safety alert system prompted a nationwide flight halt this week.

cnbc.com

Delta Air Lines sales, profits top estimates in strong finish to 2022

Delta and other airlines had said demand remained strong throughout the quarter.

cnbc.com

Delta says free Wi-Fi coming to many US flights next month

Delta Air Lines says it will start providing free Wi-Fi for all passengers on most of its U.S. flights starting next month.

Delta plans to offer free Wi-Fi starting Feb. 1

Delta has been studying how to make Wi-Fi free of charge for years.

cnbc.com

Delta expects 2023 earnings to nearly double thanks to 'robust' travel demand

Delta expects its adjusted earnings to nearly double to as much as $6 per share next year, above analysts' estimates.

cnbc.com

Delta CEO talks pilot shortage, holiday travel, shrinking seat sizes

Delta Air Lines CEO Ed Bastian answers how the airline is prepared to handle the year-end rush of passengers during the holiday season. He also addresses the possibility of a pilot shortage around Christmas, changing the seat size on airplanes and sky-high ticket prices.

news.yahoo.com

Holiday flights will be pricey and packed. Here are 5 things to know before you book

Airlines and travel websites say that bookings for holiday travel are strong despite higher air fares, as pandemic-weary travelers seem willing to pay.

npr.org

What Cramer is watching Thursday — hot inflation slams stocks, sends bond yields soaring

U.S. stock futures, in a volatile morning, turned sharply lower as bond yields reversed and soared on a bigger consumer inflation gain.

cnbc.com

Delta posts $695 million Q3 profit, expects big holiday rush

Delta Air Lines is posting a $695 million profit for the third quarter, which includes much of the peak summer travel season.

Aviation faces hurdles to hit goals for cutting emissions

Airplanes are a minor contributor to global greenhouse-gas emissions, but their share is sure to grow as more people travel in coming years.

Delta posts $735 million profit, sees strong revenue in 3Q

The summer is off to a profitable start for Delta Air Lines.

Asian stocks down after US inflation fuels rate hike fears

Asian stock markets have climbed Thursday despite a record-setting U.S. inflation report that pointed to more possible interest rate hikes that investors worry will chill economic growth.

All eyes on airlines as July Fourth holiday weekend nears

If you're flying this holiday weekend, be prepared for crowded airports, full planes, and higher-than-normal chances that your flight will be delayed or even canceled.

Delta hikes Q2 revenue outlook on sharply higher airfares

Delta Air Lines is boosting its outlook for second-quarter revenue because it expects phenomenal demand for travel this summer.

Delta CEO predicts busy summer travel season during lecture at Northwestern University

Delta Air Lines CEO Ed Bastian said international and business passengers are coming back strong.

chicagotribune.com

Jim Cramer says these two airline stocks are the most profitable

"Just remember to ring the register gradually on the way up," the "Mad Money" host said.

cnbc.com

Look for durable stocks to weather this 'hyper-confusing moment' in the market, Jim Cramer says

"Search for stocks that can work long-term regardless of whether we're in the best of times, the worst of times, or both," the "Mad Money" host said.

cnbc.com

Delta ends $200 monthly health insurance surcharge on unvaccinated employees after Covid cases drop

Delta Air Lines this month is ending its $200 monthly surcharge on unvaccinated employees' company health insurance.

cnbc.com

CDC extends travel mask requirement to May 3 as COVID rises

The Biden administration has announced it will extend through May 3 the nationwide mask requirement for airplanes and public transit as it monitors an uptick in COVID-19 cases.

Delta loses $940 million in Q1, but bookings, revenue, surge

Delta Air Lines lost $940 million in the first quarter yet bookings surged in recent weeks, setting up a breakout summer as Americans try to put the pandemic behind them.

Delta gives employees 4% raises, first pay increase since before the pandemic

Carriers are scrambling to hire and train staff to match surging travel demand.

cnbc.com

Delta Asks DOJ To Put Unruly Passengers On No-Fly List

Delta CEO Ed Bastian said there should be “zero tolerance” for any behavior that affects flight safety.

newsy.com

Delta Asks DOJ To Put Unruly Passengers On No-Fly List

Delta CEO Ed Bastian said there should be “zero tolerance” for any behavior that affects flight safety.

www3.newsy.com

Delta asks DOJ to put unruly passengers on no-fly list

Delta Air Lines has told the U.S. Department of Justice that any person convicted of a disruption on board a flight should be put on the national “no fly” list.

American Airlines reports $931 million fourth-quarter loss

American Airlines is reporting a $931 million loss for the fourth quarter and warning that omicron will further delay its recovery.

What Delta Air Lines predicts for business travel after the omicron variant

Delta Air Lines expects corporate clients to be back in the spring at a level of recovery similar to right before the new Covid variant omicron hit travel.

cnbc.com

Delta CEO says 8,000 employees have tested positive for Covid in last 4 weeks

Delta's CEO says the operation has since stabilized.

cnbc.com

After wave of cancellations, Delta sees recovery in 2022

Delta Air Lines is reporting a $408 million loss for the final quarter of 2021, dragged down by a COVID-19 surge that rocked the airline in December, and the carrier expects to suffer one more quarterly loss before travel picks up in the spring and summer.

Jacksonville travelers among thousands affected by flight cancellations

As airlines continued to cancel hundreds of flights Saturday because of staffing issues tied to COVID-19, travelers making their way around the U.S. on one of the busiest travel times of the year were left scrambling -- or dealing with delays.

Flight cancellations snarl holiday plans for thousands

Airlines canceled hundreds more flights Saturday because of staffing issues tied to COVID-19, disrupting holiday celebrations during one of the busiest travel times of the year.

Airlines cancel flights due to COVID staffing shortages

Airlines are canceling hundreds of flights as the omicron variant jumbled schedules and drew down staffing levels at some carriers during the busy holiday travel season.

Airlines cancel flights due to COVID staffing shortages

Airlines are canceling hundreds of flights as the omicron variant jumbled schedules and drew down staffing levels at some carriers during the busy holiday travel season.

Omicron is latest blow to pandemic-weary front-line workers

The surge in coronavirus cases driven by the new omicron variant is the latest blow to hospitals, police departments, supermarkets and other critical operations struggling to maintain staffing levels.

Airlines' request to reduce Covid quarantine time is the 'wrong move,' flight attendants union says

Cutting Covid isolation time may put flight attendants in a "position to be forced to come back before they feel better," head of the largest flight attendants union says

cnbc.com

CDC director says update on 10-day COVID isolation guideline could come "soon"

According to the CDC guidelines, those who test positive, regardless of vaccination status, must isolate for 10 days.

cbsnews.com

CDC director: Update on COVID isolation guideline may come "soon"

According to the CDC guidelines, those who test positive, regardless of vaccination status, must isolate for 10 days.

news.yahoo.com

Delta asks CDC to cut quarantine guidelines for breakthrough Covid, citing workforce impact

The letter comes as Covid cases spike and the omicron variant spreads rapidly, straining testing supplies ahead of the year-end holidays.

cnbc.com

Virgin Atlantic gets another cash injection through pandemic

Virgin Atlantic has received 400 million pounds ($530 million) of new funding from its shareholders to help the airline ride out the coronavirus pandemic.

Companies tell unvaccinated workers to pay more for health insurance

Citing the high costs associated with Covid illnesses, a growing number of employers are telling employees who decline to be vaccinated to pay up.

npr.org

Southwest: We won't put unvaccinated workers on unpaid leave

Southwest Airlines is backing away from a plan to put unvaccinated workers on unpaid leave.

Delta posts $1.2 billion Q3 profit, touts holiday bookings

Delta Air Lines is reporting a $1.2 billion profit for the third quarter, thanks in large part to federal aid to help the industry get through the pandemic.

Delta Air Lines employee vaccination rate rises to 90% as federal mandate approaches

Delta in November plans to impose a $200 monthly surcharge for unvaccinated employees' health care plan.

cnbc.com

Nearly all major airlines mandate COVID vaccine for employees

One union is warning that it could have repercussions for the holiday season.

cbsnews.com

Nearly all major airlines mandate COVID vaccine for employees

One union is warning that it could have repercussions for the holiday season.

cbsnews.com

Louisiana health system charging workers $200 for unvaccinated spouses

Employers pass on costs of being unvaccinated to workers -- and insured family members -- to avoid hits to bottom line.

cbsnews.com

Stocks making the biggest moves in the premarket: Tesla, Moderna, Novavax, GM and more

The stocks making the biggest moves in premarket trading include Tesla, Moderna, Novavax, GM, and more.

cnbc.com

Airlines say rise in COVID-19 cases is hurting ticket sales

The leading U.S. airlines say that the rise in COVID-19 cases is hurting ticket sales and pushing back the recovery of the travel industry.

Jimmy Fallon and Seth Meyers roast Delta's CEO for refusing to call the virus by name: 'He said from now on, our airline is pronounced Del-TAY''

Late-night hosts Jimmy Fallon and Seth Meyers mocked Delta Airlines CEO Ed Bastian's steadfast refusal to use the term the "Delta variant."

news.yahoo.com

Delta Air Lines To Charge Unvaccinated Employees $200 Per Month

CEO Ed Bastian said the monthly health plan surcharge is necessary because the average hospital stay for COVID-19 costs the airline $40,000.

newsy.com

Delta Air Lines to charge unvaccinated workers $200 a month

The average hospital stay for employees with COVID-19 costs the airline $50,000 per person, CEO Ed Bastian said.

cbsnews.com

Delta Air Lines announces a $200 monthly health insurance surcharge for unvaccinated employees

Delta Air Lines announces a $200 monthly health insurance surcharge for unvaccinated employees

news.yahoo.com

Delta will charge unvaccinated employees $200 per month

Delta Air Lines won't force employees to get vaccinated, but it's going to make unvaccinated workers pay a $200 monthly charge.

Delta Air Lines is raising health insurance premiums for unvaccinated employees by $200 a month to cover higher Covid costs

Delta is the latest company to issue new rules for employee vaccinations, but stopped short of an outright mandate.

cnbc.com

United Airlines will require US employees to be vaccinated

United Airlines will require U.S.-based employees to be vaccinated against COVID-19 by late October, and maybe sooner.

Delta CEO says it's hard to require vaccines for U.S. flights when Covid shots aren't fully approved

"We're continuing to encourage as much as we can amongst our own people and our customers to get vaccinated," Delta Air Lines' Ed Bastian told CNBC on Tuesday.

cnbc.com

US airlines say COVID-19 variants aren't hurting bookings

Airlines say the current rise in new cases of coronavirus aren't scaring away travelers.

US airlines say COVID-19 variants aren't hurting bookings

Rising concern about the fast-spreading delta variant of COVID-19 is creating turbulence for the stocks of big travel companies, but airline executives say they don’t see any slowdown in ticket sales, maybe because a high percentage of their best customers are fully vaccinated. “We haven't seen any impact at all on bookings, which continue to just get stronger and stronger every week,” United Airlines CEO Scott Kirby said Wednesday. Delta Air Lines CEO Ed Bastian said the same thing last week, although he added that variants were continuing to hobble international travel by delaying the opening of borders.

news.yahoo.com

Biden comment hints at boosting travel between US and Europe

A seemingly offhand remark by President Joe Biden is raising hopes in the airline industry that the U.S. might soon open up to European visitors.

American recalling flight attendants to handle travel crowds

American Airlines is telling some flight attendants to cut short their leaves of absence and come back to work.

Delta CEO says delta Covid variant has had no impact on bookings

Delta CEO says delta Covid variant has had no impact on bookings

cnbc.com

With taxpayers' help, Delta posts $652 million profit in 2Q

Delta Air Lines is reporting profits of $652 million for the second quarter thanks to an increase in leisure travel and $1.5 billion in federal pandemic relief.

Delta will require new hires to be vaccinated against virus

If you want to work at Delta Air Lines, you'll need to get vaccinated against COVID-19.

Delta orders 25 additional Airbus A321neo jetliners, options for 25 more

Delta increases its Airbus A321 order as the carrier prepares for a rebound in travel.

cnbc.com

Airline executives cast doubt on European summer vacations with borders still closed

Airline executives say they don't expect a jump in European bookings this summer with borders still closed.

cnbc.com

A $1.2 billion loss for Delta, but recovery is on the radar

Delta Air Lines says it lost $1.2 billion in the first quarter, but the airline thinks it can be profitable by late summer unless there's a resurgence of COVID-19.

Delta posts nearly $1.2 billion quarterly loss, expects to break even in June as bookings improve

Delta says bookings have improved over the past several months and expects to break even by June.

cnbc.com

Delta CEO says opposing new Georgia voting law "is about protecting the voices of our people"

Delta's new statement called the legislation "unacceptable" with CEO Ed Bastian writing to employees that "the entire rationale for this bill was based on a lie."

cbsnews.com

Biden says he'd "strongly support" moving MLB All-Star game out of Atlanta due to strict new Georgia voting curbs

President says it would be the right move in response to harsh new voting curbs in Georgia.

cbsnews.com

U.S. companies face boycott threats, mounting pressure to take sides in America’s voting rights battle

U.S. corporations are facing pressure to oppose Republican election laws in Georgia and Texas that critics say disproportionately harm voters of color.

cnbc.com

Pressure mounts on corporations to denounce GOP voting bills

Liberal activists are stepping up calls on corporate America to denounce Republican efforts to tighten state voting laws.

Delta CEO says opposing new Georgia voting law "is about protecting the voices of our people"

Delta CEO Ed Bastian is standing by his airline's latest statement criticizing Georgia's new voting law after the state legislature's Republican-dominated House voted to strip the company of tax breaks it receives in the state. Speaking to "CBS This Morning" Thursday, Bastian said he was "not going to respond" to the state House's apparent retaliation. "This is something that's more than money, this is about protecting the voices of our people," he said. The sweeping law imposes new restrictions on voting that critics say are designed to suppress the vote in low-income and non-White communities. In addition to Delta, Coca-Cola and JPMorgan have also condemned the new law.

cbsnews.com

Delta CEO on controversial comments about new voting law, booking passengers back in middle seats

Delta CEO on controversial comments about new voting law, booking passengers back in middle seats Delta Air Lines CEO Ed Bastian joins "CBS This Morning" to discuss Georgia's new election law and his company's selling of airplane middle seats for the first time in a year.

cbsnews.com

Biden says he'd "strongly support" moving MLB All-Star game out of Atlanta due to strict new Georgia voting curbs

President Biden says he'd "strongly support" moving the Major League Baseball All-Star game out of Atlanta as a rebuke to strict new voting restrictions in the state. "Unfortunately, that excuse is being used in states across the nation that are attempting to pass similar legislation to restrict voting rights." He has called for his 90,000 parishioners to boycott Delta, Coca-Cola and other major brands. "Will people believe future Delta statements or actions regarding voting rights or social justice?" Civil rights groups have filed federal lawsuits seeking to overturn the Georgia law.

cbsnews.com

Georgia House votes to strip Delta Air Lines of big tax break after carrier's CEO condemns state's new voting curbs

Republicans in the Georgia House of Representatives voted late Wednesday to strip Delta Air Lines of a tax break worth tens of millions of dollars annually. "Unfortunately, that excuse is being used in states across the nation that are attempting to pass similar legislation to restrict voting rights." He has called for his 90,000 parishioners to boycott Delta, Coca-Cola and other major brands. "Will people believe future Delta statements or actions regarding voting rights or social justice?" Advocates want corporate leaders like Bastian and Quincey to help.

cbsnews.com

Coca-Cola, Delta and JPMorgan lead companies in condemning Georgia's voting law

Citi and Microsoft also expressed concerns about the Georgia law Wednesday. Coca-Cola CEO James Quincey told CNBC on Wednesday that Georgia's new voting law is "unacceptable" and "a step backwards." The Georgia law, among other things, requires a photo ID in order to vote absentee by mail. That's an option that more than 1.3 million Georgia voters used during the coronavirus pandemic. Boycotts threatenedThe law, which passed last week, has sparked calls for boycotts of major Georgia-based companies including Coca-Cola, Delta, Home Depot and UPS because those companies had not spoken out against it.

cbsnews.com

Major U.S. companies take aim at Georgia's new voting restrictions

Business executives across the United States are calling out efforts to restrict voting access after Georgia Gov. "Equal access to voting is the very foundation of American democracy. Brian Moynihan, chairman and CEO of Bank of America, told CNBC in a statement that ensuring equal voting access is aligned with the company's investments in reducing racial inequality and increasing economic opportunity. "JPMorgan Chase employees span the United States and as state capitals debate election laws, we believe voting must be accessible and equitable. In a statement Wednesday to CNBC, Kemp defended the law and specifically took aim at Delta's chief executive.

cnbc.com

Under pressure, some Ga. corporate leaders slam voting bill

The sweeping rewrite of Georgia's election rules that was signed into law by Republican Gov. AdThe reaction wasn’t much friendlier from voting rights groups that fought the legislation and criticized corporate players for not trying to block it altogether. Quincey noted on CNBC that Coca-Cola, even before Georgia's action, already had paused its PAC activity and would consider politicians' position on voting rights as part of future contributions. Bishop Reginald Jackson, who presides over more than 400 African Methodist Episcopal churches in Georgia, said too many corporate leaders have been “silent” on voting laws. Civil rights groups have filed federal lawsuits seeking to overturn the Georgia law.

End of a Covid era: Delta to stop blocking middle seats on May 1

Delta Air Lines said Wednesday it will stop blocking seats on its planes starting May 1, the last U.S. airline to end the Covid-19-era policy as more travelers return to the skies. Delta first started blocking middle seats and limiting capacity on smaller planes in April near the start of the pandemic. Other airlines had similar policies, including Southwest Airlines, JetBlue Airways and Alaska Airlines, but they have since gone back to selling all seats. Delta and other carriers have repeatedly said filtration systems and intense cleaning make it unlikely that travelers will catch Covid-19 on a plane. But Delta said many travelers choose Delta over other airlines because it kept its policy in place.

cnbc.com

US air travel rises to highest levels yet since pandemic hit

(AP Photo/Rick Bowmer, File)Across the United States, air travel is recovering more quickly from the depths of the pandemic, and it is showing up in longer airport security lines and busier traffic on airline websites. "Our last three weeks have been the best three weeks since the pandemic hit, and each week has been better than the one prior,” American Airlines CEO Doug Parker said Monday. However, the airlines still have far to go before travel fully returns to pre-pandemic levels. Since the pandemic hit, air travel has picked up a few times — mostly around holidays — only to drop back down. The airline said people are booking leisure trips to beach and mountain destinations but business travel is still lagging.

Air travel jumps as vaccinations spur vacation bookings, stocks surge

But TSA screenings have topped 1 million every day since Thursday, the highest volumes in a year. It had estimated in January that it would lose $19 million a day during the first three months of the year. Airline CEOs noted that bookings aren't just picking up for the near term, but for the summer vacation season, generally the most lucrative for airlines. "I think that there's going to be more travel going forward, just period," he said at a JPMorgan industry conference. Southwest Airlines said revenue trends are improving as it slightly lowered its forecasts for cash burn in the first quarter.

cnbc.com

Delta CEO Ed Bastian discusses testing, summer 'surge'

FILE - In this Oct. 29, 2019 file photo, Delta Air Lines CEO Ed Bastian talks at the new $3.9 billion Terminal C at LaGuardia Airport in New York. Bastian says travel demand will be weak for the next couple months, but he's holding onto hope for a summer surge " in 2021. Q: How much international travel do you expect this summer? Q: How important is testing passengers for COVID-19 to allow more international travel? We’re seeing some revenue improvement ... and I don’t think that’s a big step to go from $12 million a day to break-even.

Most major US airlines ban guns in luggage for DC flights

Delta, United and Alaska airlines said Thursday, Jan. 14, 2021 they will bar passengers flying to Washington from putting guns in checked bags. The moves follow the Jan. 6 riot at the U.S. Capitol by supporters of President Donald Trump and politically tinged confrontations on some flights. American Airlines is bringing back a ban on serving alcohol on flights to and from the Washington area — flights go dry starting Saturday through next Thursday. Price also said that it is “a good idea” to prohibit passengers from putting guns in checked bags if they are flying to Washington. Federal law allows passengers to put guns in checked baggage if they are unloaded and in a locked, hard-sided case, although airlines have the discretion to ban guns.

A $12 billion loss for 2020, Delta is cautious in early 2021

FILE - In this May 14, 2020 file photo, several dozen mothballed Delta Air Lines jets are parked on a closed runway at Kansas City International Airport in Kansas City, Mo. Delta Air Lines is reporting a $755 million loss for the fourth quarter, which brings its loss for all of 2020 to more than $12 billion. Delta on Thursday reported a quarterly loss of $755 and $12.4 billion in losses for all of 2020. So far in January, air travel in the U.S. is down nearly 60% from a year ago. Helped by two rounds of government aid, plus billions more from issuing new debt, Delta ended 2020 with $16.7 billion in liquidity.

As virus cases rise, Southwest sees slower travel recovery

DALLAS – Southwest Airlines cautioned Thursday that the tenuous recovery in air travel could be fading as coronavirus cases spike across the United States. Airline stocks surged on Monday after Pfizer reported promising early results from a trial of a coronavirus vaccine. The report from Dallas-based Southwest added to fears that the spreading virus cases will hurt travel demand heading into Thanksgiving, a key period for airlines. It is unclear whether the weakening booking trends is directly related to the surge in virus cases. Airline stocks fell more sharply than broader market indexes.

Correction: Virus Outbreak-Business Travel story

Brandon Contreras represents the worst fears of the lucrative business travel industry. Work travel represented 21% of the $8.9 trillion spent on global travel and tourism in 2019, according to the World Travel and Tourism Council. Right now, Delta’s business travel revenue is down 85%. ExxonMobil cut business travel in February — even before the pandemic’s full impact was felt in the U.S. — because of falling global demand for oil. But he thinks new kinds of business travel could also emerge.

US airlines still piling up losses but say demand is rising

Southwest Airlines on Thursday, Oct. 22, lost $1.16 billion in the normally strong third quarter, which includes most of the summer vacation season. (AP Photo/Wilfredo Lee)DALLAS – Airlines are piling up billions of dollars in additional losses as the pandemic chokes off air travel, but a recent uptick in passengers, however modest, has provided some hope. However, air travel in October is still down 65% from a year ago. The Seattle company said that removing one-time gains and costs, the loss came to $3.23 per share, which was wider than the $2.86 per share loss predicted by analysts. Earlier this month, Delta Air Lines posted a $5.4 billion loss and United Airlines lost $1.8 billion for the third quarter.

Delta posts $5.4 billion 3Q loss as pandemic hammers travel

Since then, Delta has concentrated on hoarding cash — it raised $9 billion by mortgaging its frequent-flyer program — and cutting costs. Executives said 40,000 took leave during the summer; 12,000 were on leave in September. “We haven’t needed to furlough — our employees took care of that themselves,” Bastian said in an interview. They saved each other’s jobs.”Back in April, airlines reached agreements with the Treasury Department for up to $25 billion in payroll relief, with Delta getting $5.4 billion. Delta employees say the company helped them apply for taxpayer-funded unemployment benefits if they took a voluntary leave of absence.

Airline CEO: If you insist on not wearing a mask, we’ll insist you not fly with us -- from here on out

Delta Air Lines CEO Ed Bastian has put out what some are calling an aggressive enforcement of mask-wearing on the company’s flights. ”If you board the plane and you insist on not wearing your mask, we will insist that you don’t fly Delta into the future,” Bastian told Today in an interview Wednesday. The CEO said the stance is one he’s taking in order to keep crew and passengers safe during the pandemic. As the coronavirus pandemic continues, Delta flights have been booked to 60% of their capacity, Today reported after speaking with Bastian. “We’ve had some customers indicate that they have (an) underlying condition that makes wearing a mask dangerous for them,” Bastian said.

Growth has stalled" .... surging infections hit Delta

Growth has stalled, Delta CEO Ed Bastian said. Delta is the first U.S. airline to report financial results for the May-through-June quarter, and the numbers were ugly. Deltas second-quarter loss compared with a year-ago profit of $1.44 billion during what is normally a strong season for airlines. Atlanta-based Delta said its adjusted loss worked out to $4.43 per share, wider than the $4.16 per share average in a FactSet survey of analysts. Whether that happens at Delta could depend on how many employees accepted buyouts or early retirement offers by a Monday deadline.

  • TV Listings
  • Contact Us
  • Email Newsletters
  • RSS Feeds
  • Contests and Rules
  • Closed Captioning / Audio Description
  • Careers at WJXT / WCWJ
  • Terms of Use
  • WJXT Public File
  • WCWJ Public File
  • FCC Applications
  • Privacy Policy
  • Do Not Sell My Info
Follow Us
facebook
twitter
instagram
rss
Get Results with Omne
Omne Results Logo

For assistance with WJXT’s or WCWJ's FCC public inspection file, call (904) 393-9801.


Graham Media Group LogoGraham Digital Logo

Copyright © 2023 News4JAX.com is managed by Graham Digital and published by Graham Media Group, a division of Graham Holdings.