Delta withdraws B-777 aircraft from service
The company loses $ 50 million a day
Ed Bastian, Chief Executive Officer of Delta Airlines, announced yesterday that the airline will withdraw its entire fleet of B-777 aircraft from service later this year (2020). In his statement, the CEO stated that the decision was due to the "forecast of a drop in the demand for air travel caused by the coronavirus". With this heavy restructuring - AVIONEWS writes it- Delta's long-haul routes will be served exclusively by A-330neo and A-350/900 airplanes.
AVIONEWS recalls that Delta operates with one of the oldest fleets in the US carriers context. The average age of the aircraft is 14.5 years, while some types reach a service age of almost 29 years. The 18 B-777s that will be withdrawn belong to the /200ER and /200LR series and were used for routes to Asian destinations. In the days preceding the airline had also announced that it would withdraw its MD-88 and MD-90 from service next June.
In a communication to all employees, the CEO said that "the financial goal for 2020 is to reduce financial losses to zero by the end of the year, and this implies, he specified, that for the next two or three years we will have a reduced connection network, a smaller fleet, and a limited number of flights to respond to a demand from our customers that we expect will be substantially lower".
A fundamental tool that Delta intends to adopt -AVIONEWS reports it- is to withdraw the oldest airplanes from service and to modernize the entire fleet. An activity that - according to Bastian- "will continue in the near future". AVIONEWS recalls that Delta owns more than 650 planes parked because of the pandemic and has announced that over 41,000 of its employees have applied for voluntary holidays, while reimbursements for passengers who have not flown have exceeded one billion and 200 million dollars.
Finally, Bastian reported that Delta Airlines is currently consuming around $ 50 million a day in financial reserves.
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