• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

U.S. airlines flag hit to bookings from surge in Delta variant

September 9, 2021 by David Barret Leave a Comment

September 9, 2021

(Reuters) – Several U.S. airlines on Thursday warned of a slowdown in ticket sales and cut revenue forecast as the fast-spreading Delta variant of the coronavirus threatens to blunt the recovery in travel that had started following the roll out of vaccines.

American Airlines expects third-quarter total revenue to be down about 24% to 28% compared with the same period in 2019. The company had previously estimated revenue to decline 20%.

The world’s largest airline blamed the Delta variant for softness in bookings in August and said “this weakness has continued into September and has resulted in a slowing of net bookings growth for close-in travel.”

Airlines were banking on a strong rebound in demand for air travel after being hammered by a collapse in business travel and the grounding of international flights. But the Delta variant has put a spanner in the works.

Earlier this month, the Transportation Security Administration said it screened 1.345 million airline passengers on Aug. 31, the lowest daily number since May 11.

United Airlines Holdings Inc expects revenue to fall 33% in the third quarter from 2019 and capacity to decline at least 28%, more than the 26% fall forecast earlier.

Delta Air sees third-quarter adjusted revenue to be at the lower end of its forecast, while JetBlue Airways Corp expects current-quarter revenue to decline between 6% and 9% compared with its previous estimate of 4% to 9% decline.

Southwest Airlines Co said the company might incur a loss in the current quarter, warning that softness in leisure bookings has continued into September and October.

Airlines, however, remained cautiously optimistic about demand picking up in the holiday season. JetBlue anticipates leisure demand for peak holiday travel “will hold up relatively well.”

Delta Airlines said booking trends have stabilized in the last 10 days and expects recovery to resume.

(Reporting by Shreyasee Raj; Editing by Vinay Dwivedi)

Source Link U.S. airlines flag hit to bookings from surge in Delta variant

David Barret
David Barret

Related posts:

  1. Honduran left-wing opposition plans China ties, debt ‘readjustment’
  2. Soccer: Canada hold U.S. to 1-1 draw in 2022 qualifier
  3. German industrial orders surge on robust foreign demand
  4. Germany condemns Belarus oppositionists’ sentencing

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  • New Nightmare Fuel Unlocked: Watch The First Known Capture Of A Shrew By A False Widow Spider
  • Peculiar Glow In The Milky Way Might Be Dark Matter Signature
  • “I Was Scared To Death”: Missouri’s Great Cobra Scare Of 1953 Was Eventually Solved After 35 Years
  • Two Spacecraft To Fly Through Comet 3I/ATLAS’s Ion Tail – Will They Be Able To Catch Something?
  • Pioneering Heavy Water Detection Suggests Earth’s Water Might Be Older Than The Sun
  • PhD Students’ Groundbreaking New Technique Rescues JWST’s Highest Resolution Data
  • Popcorn-Like Parasites And Weird Worms Among 14 New Species Discovered In The World’s Oceans
  • Poem From 1181 CE Cairo Appears To Reference A Rare Galactic Supernova
  • With “Iridescent Live Colors”, Newly Discovered Beautiful Dwarfgoby Lives Up To Its Name (Mostly)
  • “Anti-Tail” And Odd 594-Kilometer Feature Found On Interstellar Object 3I/ATLAS By Keck Observatory
  • Why Do We Call It A “Hamburger” When It Doesn’t Contain Ham?
  • What Aristotle Got Wrong About The Octopus
  • The World’s Largest Island Is Shrinking And Shifting
  • Record-Breaking Marshmallow Planet – It’s A Cold, Peculiar World On A Very Slanted Orbit
  • Distinctive Rocks Might Be Remnants Of Earth Before The Collision That Made The Moon
  • Bright Northern Lights Across America Expected This Week As 3 Coronal Mass Ejections Fly Towards Earth
  • Brain Implant Enables Paralyzed Man To Feel And Use Objects Using Someone Else’s Hands
  • “This Is A Really Big Deal”: Brain Training Significantly Improves Key Neurochemical Levels In World First
  • “Wholly Unexpected”: First-Ever Fossil Paranthropus Hand Raises Questions About Earliest Tool Makers’ Identity
  • For Centuries, Nobody Knew Why Swiss Cheese Has Holes. Then, The Mystery Was Solved.
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2025 · Medical Market Report. All Rights Reserved.

Go to mobile version