{"id":378230,"date":"2020-10-14T08:31:24","date_gmt":"2020-10-14T03:01:24","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=378230"},"modified":"2020-10-14T08:44:32","modified_gmt":"2020-10-14T03:14:32","slug":"delta-air-lines-posts-5-4-billion-q3-loss-as-pandemic-hammers-travel","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/delta-air-lines-posts-5-4-billion-q3-loss-as-pandemic-hammers-travel\/","title":{"rendered":"Delta Air Lines posts $5.4 billion Q3 loss as pandemic hammers travel"},"content":{"rendered":"<p>The summer travel season was even worse than expected for Delta Air Lines, which said Tuesday that it lost $5.4 billion in the third quarter as people hunkered down at home during the pandemic. <\/p>\n<p>Delta officials pushed back their timetable for breaking even, from year-end to next spring, as their previous expectation that COVID-19 would be contained proved too rosy. The airline&#8217;s shares slipped in afternoon trading. <\/p>\n<p>However, executives said passengers are starting to return and bookings for Thanksgiving and Christmas are looking up. <\/p>\n<p>It&#8217;s slow, but it&#8217;s steady week by week, they are coming back, CEO Ed Bastian said of passengers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The summer travel season was even worse than expected for Delta Air Lines, which said Tuesday that it lost $5.4 billion in the third quarter as people hunkered down at home during the pandemic. Delta officials pushed back their timetable for breaking even, from year-end to next spring, as their previous expectation that COVID-19 would be contained proved too rosy. The airline&#8217;s shares slipped in afternoon trading. However, executives said passengers are starting to return and bookings for Thanksgiving and Christmas are looking up. It&#8217;s slow, but it&#8217;s steady week by week, they are coming back, CEO Ed Bastian said [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-378230","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/378230","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=378230"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/378230\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=378230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=378230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=378230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}