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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 ...
But actually, such fears have been greatly overstated, according to Ed Bastian, the CEO of Delta Air Lines, the world's largest airline by revenue. Although business travel at the airline is ...
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.
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 ...
NokScoot went out of business 26 June 2020 as it couldn't recover from the pandemic's impacts. The board of directors decided on Friday to liquidate the airline, which left 450 staff members unemployed. NokScoot return three aircraft from the five-jet fleet to the parent company in Singapore by the end of June.
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 ...
The United States will not lift any existing travel restrictions "at this point" due to concerns over the highly transmissible COVID-19 Delta variant and the rising number of U.S. coronavirus ...
Delta Air Lines is one of the major airlines of the United States and a legacy carrier headquartered in Atlanta, Georgia. The United States' oldest operating airline and the seventh-oldest operating worldwide, Delta along with its subsidiaries and regional affiliates, including Delta Connection, operates over 5,400 flights daily and serves 325 destinations in 52 countries on six continents.
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