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Delta Air Lines closed the books on a disastrous 2020 with a comparatively small fourth-quarter loss, and executives expect a few more rocky months before they hope widespread coronavirus vaccinations and testing might salvage something of the upcoming summer travel season.
Delta on Thursday reported a quarterly loss of $755m and $12.4bn in losses for all of 2020. It is the largest annual loss in the history of the airline, which dates to the 1920s, and the global pandemic ended a decade in which Delta churned out a profit each and every year.
The fourth-quarter numbers likely would have been worse but for a December increase in air travel that likely contributed to another surge in virus infections as millions crossed the United States to spend time with family and friends during the holidays.
Warning over safety as jets return
Airlines urged to take extra care
published : 16 Dec 2020 at 12:00
27 Delta Air Lines passenger planes are seen parked due to flight reductions at Birmingham-Shuttlesworth International Airport in Birmingham, Alabama on March 25. (Reuters photo)
SYDNEY: Regulators, insurers and experts are warning airlines to take extra care when reactivating planes left in extended storage during the Covid-19 pandemic, citing potential pilot rustiness, maintenance errors and even insect nests blocking key sensors.
The unprecedented number of aircraft grounded as coronavirus lockdowns blocked air travel at one point reaching two-thirds of the global fleet has created a spike in the number of reported problems as airlines return them to service.