About: http://data.cimple.eu/news-article/3883b2acfe56e0156582258dda9366fd08083ea4d948936c4b6dea5b

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/3883b2acfe56e0156582258dda9366fd08083ea4d948936c4b6dea5b Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	Delta Air Lines reported another quarterly loss Thursday, but pointed to an expected return to profitability later in 2021 amid quickly rising travel demand. The big US carrier was cashflow positive in March for the first time since the coronavirus pandemic hit a year earlier as more newly-vaccinated Americans booked vacations. "We are now seeing more normal booking behavior as customers make plans for spring and summer travel," Delta Chief Executive Ed Bastian said in a conference call, adding that 75 percent of customers expect to be vaccinated by Memorial Day. The company reported a loss of $1.2 billion in the first quarter, compared with $730 million in profits in the comparable period of 2020. Revenues were down 60 percent at $4.2 billion. Delta expects a smaller loss in the second quarter "and we see a path to returning to profitability in the September quarter," Bastian said. Delta plans to resume booking its middle seats in May, which will boost revenues at a time of rising demand and broadening deployment of Covid-19 vaccines. Company officials said they already are seeing a strong recovery in vacation bookings, with leisure travel now 85 percent recovered compared to 2019 levels. But the comeback in corporate travel has been far more tepid, and volumes last month stood at 20 percent recovered, compared with 15 percent at the end of 2020. Delta executives said they had yet to see airport crowding problems at popular travel spots and have not experienced the labor shortages seen elsewhere in hospitality. But if the industry recovery continues to accelerate, Delta may start hiring additional pilots or flight attendants by the end of the year, executives said. Shares of the airline fell 3.9 percent in afternoon trading. jmb/hs
schema:headline	Delta reports another loss but sees jump in leisure travel
schema:mentions	Memorial Day Delta Air Lines Pandemic Severe acute respiratory syndrome coronavirus 2 Coronavirus disease 2019 Discounted cash flow Ed Bastian The Big Us
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-04-15 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	76 (xsd:integer)
http://data.cimple...tology#hasEmotion	sadness

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 11 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software