• 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

  • Have You Seen This Snake? Florida Wants Your Help Finding Rare Species Seen Once In 50 Years
  • Plague Confirmed In Lake Tahoe Area For First Time In 5 Years, California Officials Say
  • Supergiant Star Spotted Blowing Milky Way’s Largest Bubble Of Its Kind, Surprising Astronomers
  • Game Theory Promised To Explain Human Decisions. Did It?
  • Genes, Hormones, And Hairstyling – Here Are Some Causes Of Hair Loss You Might Not Have Heard Of
  • Answer To 30-Year-Old Mystery Code Embedded In The Kryptos CIA Sculpture To Be Sold At Auction
  • Merry Mice: Human Brain Cells Transplanted Into Mice Reduce Anxiety And Depression
  • Asteroid-Bound NASA Mission Snaps Earth-Moon Portrait From 290 Million Kilometers Away
  • Forget State Mammals – Some States Have Official Dinosaurs, And They’re Awesome
  • Female Jumping Spiders Of Two Species Prefer The Sexy Red Males Of One, Leading To Hybridization
  • Why Is It So Difficult To Find New Moons In The Solar System?
  • New “Oxygen-Breathing” Crystal Could Recharge Fuel Cells And More
  • Some Gut Bacteria Cause Insomnia While Others Protect Against It, 400,000-Person Study Argues
  • Neanderthals And Homo Sapiens Got It On 100,000 Years Earlier Than We Thought
  • “Womb Of The Universe”: Native American Tribal Elders Help Archaeologists Decipher Ancient Rock Art In Missouri Cave
  • 16,000-Year-Old Paintings Suggest Prehistoric Humans Risked Their Lives To Enter “Shaman Training Cave”
  • Final Gasps Of A Dying Star Seen Through A Record-Breaking 130 Years Of Data
  • COVID-19 “Vaccine Alternative” Injection Could Be On Fast-Track To Approval From FDA
  • New Jersey Officials Investigate Possible First Locally Acquired Malaria Case Since 1991
  • First-of-Its-Kind Bright Orange Nurse Shark Recorded Off Costa Rica Makes History
  • 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