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Stock impact report

American, United see fliers returning to skies in March, but costs weigh [Reuters]

Delta Air Lines, Inc. (DAL) 
Last delta air lines, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.delta.com
Company Research Source: Reuters
to resume in March after a blip caused by the Omicron coronavirus variant, but warned that the latest wave of the health crisis would keep their costs elevated this year. Texas-based American said while ticket sales are still not back to pre-Omicron levels, they are recovering "quickly" after dropping off "considerably" in early December. Similarly, Chicago-based United said bookings and cancellations have started to return to normal levels. The carrier said its bookings this week were down 25% versus the same period in 2019, compared with a decline of 48% in the first week of January. "As a result, we remain optimistic that Omicron's impact, while significant, will be focused on January and February at this point," United's Chief Commercial Officer Andrew Nocella told investors on an earnings call. Nocella also said the impact of Omicron and each possible future variant on the carrier's revenue will likely pale in comparison with that of the Delta coronavirus variant. Rival Show less Read more
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