Omicron will peak soon, then travel will rise, Delta Air Line says

The country’s leading premium airline says the Omicron virus has reached its peak and people are ready to start flying again.

“The good news is that as we watch, counts are starting to rise in our country and (decrease) in certain parts, where Omicron came first.” Delta

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Air Lines CEO said Thursday:

“That encouraged us,” Bastian said. “We’re in a pretty good spot.”

Bastian talked about the courier’s earnings call. Delta was the first airline to release its fourth quarter results.

“This variant likely marks a shift from a pandemic to a manageable and common seasonal virus,” he said.

President Glen Hauenstein added: “With US cases expected to peak in the coming days, we expect booking levels to pick up quickly.”

Meanwhile, Delta’s operations have stabilized after a restless holiday period.

“Over the past seven days, our operation has stabilized,” Bastian said, citing a cancellation rate of about 1% during the week.

Like other airlines, Delta saw activity decline during the holiday flight peak due to inclement winter weather coupled with an Omnicron increase among employees. “It was three hellish weeks,” said Bastian. recovered.

On Wednesday, Delta canceled just two of its roughly 4,000 daily flights, compared to about 200 a day on different days during the holiday season, including Dec. 29 when it canceled about 250.

Omicron surprised the airline industry as the number of trips increased until it hit in December. Delta’s momentum faltered in the second half of December, Hauenstein said.

In the US, the first case was identified in California on December 1. Now there are an average of 761,122 cases per week of Covid-19, up from 185% two weeks ago. But Delta is following scientists who see a decline beginning. Today’s headline in a New York Times

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story was Is Omicron Peaking? In parts of the northeast, it seems to be the case.”

Because omicron is so contagious, there are almost no humans left to infect, just a month and a half after scientists in South Africa first discovered it, The Associated Press reported.

Sure, it’s early. So far, air traffic in the US has not started to increase,

The Transportation Security Administration said about 1.2 million people passed through security on Wednesday, up from 1.1 million on Tuesday and the two lowest numbers since April 28, when just under 1.2 million passengers flew.

What makes airlines happy, Hauenstein noted on the call, is that Omicron “affects the lightest five weeks in business travel.”

One phenomenon, Bastian said, is that even as cases increased during and after the holidays, “demand has been very high — we haven’t seen any cancellations (by passengers).” Delta previously saw the “resilience of customers and their willingness to travel”.

Bastian predicted that “the first 60 days of the year will be affected” but amplify travel well “as we head into the President’s Day weekend. (Then) a strong spring and summer travel season is in store for us.”

The stock market seemed to agree with Delta’s optimism. Share prices rose about 2% in early afternoon trading.

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