Delta CEO apologizes for flight disruptions
FOX Business Flash top headlines for July 14
Check out what’s clicking on FoxBusiness.com.
Delta CEO Ed Bastian apologized on Wednesday for the carrier's flight disruptions and said the company's performance has already improved.
During a call with analysts on Wednesday, Bastian said Delta's performance throughout the second quarter "has not been up to our industry-leading standards" and that the company has invested in measures to restore its "operational integrity, including earlier boarding procedures and operational buffers."
"I'd like to sincerely apologize to those who have been impacted by cancellations, delays, and long wait times over the last two months," Bastian said.
|DAL||DELTA AIR LINES INC.||29.70||-1.39||-4.47%|
So far, "July is off to a very good start, with a 99.2% completion factor through the first 11 days of the month, which is exactly on par with the same holiday period in 2019," he said.
DELTA SEES 'MEANINGFUL' FULL-YEAR PROFIT ON RESILIENT CONSUMER DEMAND
Over the last seven days of that period, Bastian said the carrier had only 25 cancellations worldwide on over 30,000 departures and 84% of its flights have arrived on time.