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  2. Impact of the COVID-19 pandemic on commercial air transport

    en.wikipedia.org/wiki/Impact_of_the_COVID-19...

    Travel technology company Sabre Corporation furloughed one third of its workforce on 23 April 2020, citing an 81% drop in revenue due to drastically reduced airline and other travel bookings. Sabre had previously cut salaries by 20%, suspended 401(k) pension contributions, cut various other expenses, and obtained a US$1.1 billion loan, but ...

  3. Business travel survives the Zoom era, as leaders jump back ...

    www.aol.com/finance/business-travel-survives...

    Delta and United each reported 14% increases in first-quarter revenue, with a United executive noting that the company notched nine of its top 10 corporate booking days in its history this year.

  4. Fare basis code - Wikipedia

    en.wikipedia.org/wiki/Fare_basis_code

    Fare basis code. A fare basis code (often just referred to as a fare basis) is an alphabetic or alpha-numeric code used by airlines to identify a fare type and allow airline staff and travel agents to find the rules applicable to that fare. Although airlines now set their own fare basis codes, there are some patterns that have evolved over the ...

  5. History of Delta Air Lines - Wikipedia

    en.wikipedia.org/wiki/History_of_Delta_Air_Lines

    Delta Air Lines is a major American airline. [1] [2] The company's history began with the world's first aerial crop dusting operation called Huff Daland Dusters Inc., founded in 1925 in Macon, Georgia [3] to combat the boll weevil infestation of cotton crops. [4] C.E. Woolman, general manager and later Delta's first CEO, led a group of ...

  6. Delta CEO lost his mom in 2020 while the travel industry took ...

    www.aol.com/finance/delta-ceo-lost-mom-2020...

    Before that, Delta experienced continued revenue growth between 2003 and 2019. Now, Delta Air Lines is the most profitable airline in the world, with almost $50.6 billion in operating revenue in 2022.

  7. The VP in charge of Delta’s employee benefits says ... - AOL

    www.aol.com/finance/vp-charge-delta-employee...

    Good morning! Delta made a splash last week when it paid its employees a $1.4 billion bonus. As the airline industry as a whole continues to bounce back from a pandemic-induced downturn, Delta ...

  8. WestJet - Wikipedia

    en.wikipedia.org/wiki/WestJet

    Additional layoffs followed, with approximately 8,000 employees between April and June, as part of a restructuring plan, leaving only 4,500 employees on the payroll. Prior to the pandemic, WestJet employed over 14,000 individuals. By February 2021, the company laid off an additional 250 staff members due to ongoing travel restrictions.

  9. Delta CEO expects holiday travel demand to set 'record for ...

    www.aol.com/finance/delta-ceo-expects-holiday...

    Delta estimates that 6.2 million to 6.4 million passengers will fly using its service during the Thanksgiving holiday travel period between Nov. 17 and Nov. 28. For comparison to pre-pandemic ...

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