• 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

  • Surveillance Of People Is More “Pervasive And Normalised” Than Previously Thought, Endangering Our Privacy
  • US Sees 90 Percent Drop In Heart Attack Deaths Over Last 50 Years
  • Is A Cat Poop Parasite Decapitating Human Sperm Contributing To Rising Infertility?
  • How Fast Were Dinosaurs? Guineafowl Races Reveal They Were Probably Slower Than We Thought
  • New Claim For World’s Oldest Rocks Dates Back A Whopping 4.16 Billion Years
  • Pre-Inca Temple Was A “Ritual Gateway” To Lost Civilization Of Tiwanaku
  • NASA Study Gave Illegal Drugs To Spiders And Watched What Happened To Their Webs
  • Space Selfies & DJing A Party From Orbit – How Astronaut Luca Parmitano Brought Space To Earth
  • Regardless Of Political Affiliation, Most US Adults Actually Support Vaccine Requirements For Kids
  • Now Is The Perfect Time To See The “Summer Triangle”
  • Can A Brain Be Preserved And Uploaded? Neuroscientist Survey Reveals “Surprising” 40 Percent Probability That Yes, It Could
  • You Could Be The First Ever Human To See A Specific Galaxy In This Incredible Space Video
  • First Pieces Of The Planet Mercury May Have Been Found On Earth After “Longstanding Mystery”
  • “Miracle” Bioplastic Reflects 99 Percent Of Sun’s Rays, Massively Reducing Building Energy Use
  • Are These 2 African Gray Parrots The Only Non-Human Animals To Ever Ask A Question?
  • How Forensic Scientists Are Reconstructing Faces Using DNA Found At Crime Scenes
  • New Non-Invasive Option For Treating Non-Melanoma Skin Cancer In A Single Session
  • Evolution Running Backwards? That’s What This Unlikely Organism Appears To Be Doing
  • How Did The Starfish Become A Star? 500-Million-Year-Old Fossil Solves Evolutionary Mystery
  • JWST Has Discovered Its First Exoplanet – And It’s A Baby Saturn-Sized One!
  • 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