Airlines Expect Pullback In Demand As They Lock In September Schedules

The airline industry is about to enter a critical period. Carriers are locking in their September schedules, and they\'re expecting a pullback in demand. CNBC\'s Phil LeBeau reports.

Delta\'s chief executive officer says business travel continues to lag but remains optimistic about the airline\'s countermeasures — including its policy to create distance among passengers by blocking middle seats during the novel corona-virus pandemic.

Delta Air Lines Inc. CEO Ed Bastian made the comments during Delta\'s sec-ond quarter earnings call Tuesday, July 14. Delta posted a $7 billion pre-tax loss and saw year-over-year operational revenue fall by 91% in the quarter as the pandemic ravaged the commercial aviation industry.
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