Airlines’ historic rout deepens as they plead for billions in government aid, slash costs amid coronavirus

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A ground crew prepares to unload luggage from an arriving Delta Airlines flight at the Seattle-Tacoma International Airport on March 15, 2020 in Seattle, Washington.

John Moore | Getty Images

Delta Air Lines on Wednesday said it plans to cut its flying by an unprecedented 70%, on a year-over-year basis, after March revenue fell nearly $2 billion short of the same month last year as coronavirus devastates demand.

The cuts to its flights will last “until demand starts to recover,” CEO Ed Bastian told employees.

“Our international operation will take the largest reduction, with over 80% of flying reduced over the next two to three months,” he said.

The airline industry has been among the hardest-hit industries amid the rapid spread of COVID-19, as travelers stay home and scrap vacations and lucrative business travel.

This is a developing story. Please check back for updates. 

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