Issue Overview

Will Delta Bring Out the Bears?

Will Delta Bring Out the Bears?

July 26th, 2021 at 12:30 AM EDT
30 min read

Issue Overview

Alaska, American and Southwest all reported profits in the June quarter, albeit with the beneficent help of Uncle Sam, with the steady return of U.S. travelers giving them — and United — optimism for the recovery this fall. In fact, all but American think they will be profitable without federal aid in short order. But all that glitters is not necessarily gold with the spread of the Covid-19 Delta variant (no relation to the airline) prompting renewed pessimism pretty much everywhere but in these airline C-suites. None of these U.S. carriers, nor Air Canada, saw a need for concern or impact on bookings, while also touting their Boy Scout preparedness in being able to flex capacity down if a slowdown does occur.

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