Delta Air Lines seeing ‘steady progression in demand’ and corporate volumes are ‘trending upward across all industries’

    Delta Air Lines president Glen Hauenstein stated (13-Oct-2020) the carrier is witnessing a “steady progression in demand”. Daily net cash sales improved from between USD5 million to USD10 million during the beginning of 3Q2020 to between USD25 million to USD30 million at the end of 3Q2020. Corporate demand is also experiencing “signs of modest improvement”, Mr Hauenstein noted, stating: “While the volume of corporate travel at the end of the quarter was 15% of last year’s levels, corporate volumes are trending upward across all industries, and we expect this to continue into 2021”. Domestic demand recovered to between 35% to 40% of pre COVID-19 levels in leisure markets such as Florida and beach destinations, while cities under quarantine requirements are “recovering more slowly and are now just above 20% of pre-pandemic levels”, which includes New York and Boston. Meanwhile, international demand outside of Mexico and the Caribbean “remains weak”, primarily due to government restrictions. Delta is also “pleased” with booking trends for the Thanksgiving and Christmas holidays, “which show that customers continue to gain confidence in booking further out”. [more – original PR]