Delta CEO Says High Fuel Prices Could Transform U.S. Airline Industry
Ed Bastian alluded to potential mergers and bankruptcies for carriers that cannot produce a return on investment for their owners.
Ed Bastian alluded to potential mergers and bankruptcies for carriers that cannot produce a return on investment for their owners.
But the carrier continues to see strong demand and beat expectations with its first-quarter earnings.
The carrier will temporarily slash 5% of its total schedule.