Delta Air Lines is following the Southwest lead and is adjusting capacity growth to the downward side, according to slides from a presentation by the company yesterday. Delta estimates a 3% increase in capacity for Q2 and Q3 before moving to flat growth rate for Q4. However available seat miles were up 5% in Q1 2015. The move should help to plicate investors and recover the lost ground on share price.
Related posts
United converts 787-8 orders to 787-10
5th August 2014