Delta Sees Travel Rebound Stalling on Surge in U.S. Virus
- Carrier expects sustained recovery taking more than two years
- Liquidity is at $15.7 billion as debt climbs to $24.6 billion
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Delta Air Lines Inc. slashed plans to restore some service after a resurgence in U.S. coronavirus cases squelched a fledgling recovery in travel demand.
The airline will add back no more than 500 flights in August instead of the 1,000 it had planned. It doesn’t see adding much more through year-end.