Delta executives say air travel recovery could take ‘two years or more’

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Photo (c) Santiago Rodriguez Fonto – Getty Images

Delta Air Lines on Tuesday reported a net loss of almost $5.4 billion in the third quarter. The carrier warned that its recovery from the impact of the COVID-19 pandemic could extend into 2022 or even beyond. 

The pandemic had a drastic impact on its peak summer travel period, but Delta President Glen Hauenstein said demand is slowly beginning to climb. Delta

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It’ll take at least two years for air travel to recover

Yet again, Delta Air Lines posted massive quarterly losses — and the company is warning investors “it may be two years or more” for air travel demand to return to normal.



a fighter jet sitting on top of a runway: MARANA, ARIZONA - MAY 16: Decommissioned and suspended Delta and jetBlue commercial aircrafts are seen stored in Pinal Airpark on May 16, 2020 in Marana, Arizona. Pinal Airpark is the largest commercial aircraft storage facility in the world, currently holding increased numbers of aircraft in response to the coronavirus COVID-19 pandemic.  (Photo by Christian Petersen/Getty Images)


© Christian Petersen/Getty Images
MARANA, ARIZONA – MAY 16: Decommissioned and suspended Delta and jetBlue commercial aircrafts are seen stored in Pinal Airpark on May 16, 2020 in Marana, Arizona. Pinal Airpark is the largest commercial aircraft storage facility

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Delta warns investors: ‘It may be two years or more’ for air travel recovery

Yet again, Delta Air Lines posted massive quarterly losses — and the company is warning investors “it may be two years or more” for air travel demand to return to normal.

The airline posted a $2.1 billion operating loss in the third quarter, excluding special items like charges for buyout packages for employees who voluntarily left the company and early retirement of aircraft. Including those items, its net loss topped

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Tmall Luxury Pavilion Marks 3 Years with Innovative Experiences

When Alibaba first launched its luxury platform a short three years ago, top-tier brands still viewed e-commerce with caution. How times have changed.

Luxury players had historically been skeptical of the value of moving online and into digital shopping environments, concerned that doing so would lead to a loss of their brand equities and exclusivity. Now, though, the industry is accelerating its shift to digital, with some of the biggest

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Pixar’s Meditation On Life, Death, And Jazz Is Its Most Ambitious Film In Years

The chief purpose of this realm, which is known as The Great Before, is to prepare fresh souls for life on Earth by developing their personalities (the little sorting offices that assign them character traits evoke the personality islands from Inside Out). We’re never sure how seriously the film endorses this nature-over-nurture vision of human development, but the premise does set up a few middling jokes about personality types

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Amazon Prime Day 2020: Top tips for navigating this year’s big sale events

The time has come for big-box retailers to roll out some of their biggest shopping events of the year.

While it might sound like a win-win for

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Roosevelt Hotel in New York to close after nearly 100 years due to the coronavirus pandemic

Since 1924, the Roosevelt Hotel has been a witness to history.



a car parked in front of a building: After nearly a century in business, the Roosevelt Hotel will permanently close its doors.


© Steve Mack/Alamy Stock Photo
After nearly a century in business, the Roosevelt Hotel will permanently close its doors.

The New York City landmark was the election headquarters for Gov. Thomas Dewey when he incorrectly announced he defeated Harry Truman in the 1948 presidential election. It has served as the backdrop for movies such as “The Irishman” and it

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London drug dealer jailed for 9 years after police recover gun from taxi travelling from his home

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Low holiday air travel fares more available than in years past

Most years it is hard to find a cheap holiday flight simply because of heavy demand.

But as we all know, 2020 is not a normal year.

Hunting for a good airfare during October is suggested by some travel experts.

“My recommendation if you’re looking for a holiday flight this year, hold out through the end of October for a cheap fare,” says Andrew Hickey, spokesman for Scott’s Cheap Flights.

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Family makes annual trip to the Ozarks for more than 50 years – News – The Lake News Online

In the summer of 1968, Mary Lou and Don Winthers gathered their four children, packed up the station wagon, left their Wheaton, Illinois home and headed to the Lake of the Ozarks for the first time. Little did they know that this would become an annual family tradition, shared with friends and several generations of their family for the next 52 years and counting.

In the summer of 1968, Mary

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Venice Film Festival: Step inside this year’s festival

Director Oliver Stone

Nadja Sayej

Inside, with suites fresh from a refurb, things are an intriguing blend of Venetian seaside and Moorish allure, all those years of glamour reverberating around the corridors, which are vast enough to allow for the extensive luggage guests used to bring for month-long sojourns here. Those were the days.

The recently refurbished Junior Suite at Hotel Excelsior Venice, which includes a Dedicated Ambassador, meet and

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10 must-see films from this year’s line-up

Gallery: What to watch at the 2020 London Film Festival (Harper’s Bazaar (UK))

With widespread cinema closures in the offing, and No Time to Die shunted to 2021, you’ll be forgiven for assuming movies are cancelled this year. But such thinking also does a disservice to some of the cinematic brilliance on the horizon, along with the institutions and arthouse cinemas admirably trying to preserve festivals and cinema-going in this

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Business Travel Demand Won’t Bounce Back In 2021, And Maybe Not For Years

Even if a vaccine for Covid-19 becomes widely available – and widely used – around the

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Down 70% From Last Year, Business Travel Demand Won’t Bounce Back In 2021, And Maybe Not For Years

Even if a vaccine for Covid-19 becomes widely available – and widely used – around the

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Top business leaders say the global economy is facing its worst crisis in 100 years



a man wearing a hat: MOSCOW, RUSSIA - OCTOBER 5, 2017: SABIC Vice Chairman and CEO Yousef Abdullah Al-Benyan attends the Russian-Saudi Investment Forum at the Ritz-Carlton Moscow Hotel. Sergei Bobylev/TASS Sergei BobylevTASS via Getty Images


© Sergei BobylevTASS via Getty Images
MOSCOW, RUSSIA – OCTOBER 5, 2017: SABIC Vice Chairman and CEO Yousef Abdullah Al-Benyan attends the Russian-Saudi Investment Forum at the Ritz-Carlton Moscow Hotel. Sergei Bobylev/TASS Sergei BobylevTASS via Getty Images

  • Business leaders from the engagement group Business Twenty (B20) have called for urgent reforms to be made if the global economy is to recover from its worst crisis in a century due to
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Singapore prepares road map for recovery as Heng warns virus will weigh on budget ‘for years’



a close up of a person wearing glasses: Singapore Deputy Prime Minister Heng Swee Keat. Photo: EPA


Singapore Deputy Prime Minister Heng Swee Keat. Photo: EPA

Singapore is preparing for its final phase of economic reopening as coronavirus infections stabilise, Deputy Prime Minister Heng Swee Keat said on Monday even as he reiterated that the economic outlook was grim amid government efforts to save jobs and plan for the post-pandemic era.

Heng, in a parliament speech, said a road map would be revealed in the coming weeks

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CAT looking for home: Chamberlayne Actors Theatre gone from Wilkinson Road building after 56 years | Art & Museums

While the theater may not have been able to run shows this year because of COVID, “I think it was a good deal for CAT because it was their theater home,” Bowers said. “All their stuff was stored there — it was like CAT’s house.”

She said the offer to the theater was a contract extension through August 2021, with a payment structure reflective of the theater’s revenue challenges due

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Michael Palin’s 30 years of travelogue adventures



Michael Palin sitting in front of a book shelf: Photograph: Ryan McNamara/BBC/Firecrest Films


© Provided by The Guardian
Photograph: Ryan McNamara/BBC/Firecrest Films

Michael Palin: Travels of a Lifetime



Michael Palin sitting in front of a book shelf: Michael Palin: Travels of a Lifetime.


© Photograph: Ryan McNamara/BBC/Firecrest Films
Michael Palin: Travels of a Lifetime.

8pm, BBC Two

Ex-Monty Python comic and travelogue veteran Michael Palin fronts this gentle retrospective series charting his three decades making travel documentaries. We open with Palin reminiscing about his first adventure – travelling round the world in 80 days, following Jules Verne’s fictional

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The NASCAR Cup Series Is Set To Race on Dirt for the First Time in 50 Years

The NASCAR Cup Series’ 2021 season will feature six road courses and the series’ first dirt race since 1970, according to a draft schedule obtained by Motorsport.com. This sets up a much more varied, exciting season than we’ve seen in years past.



a car parked in a parking lot: The NASCAR Cup Series' 2021 season will feature six road courses and the first dirt race since 1970, according to a draft schedule obtained by Motorsport.com.


© Dannie Walls/Icon Sportswire via Getty
The NASCAR Cup Series’ 2021 season will feature six road courses and the first dirt race since 1970, according to a

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Here’s Why Everyone is Talking About This Red Dress That’s Travelling The World For 10 Years

You will be surprised to see the colorful savory embroidery and motifs on this beautiful silk dress. This dress is crafted very neatly. British artist Kirstie Macleod started a global embroidery project called ‘The Red Dress Project’ in 2009. The dress, funded by the British Council, took not a year or two, but a full 10 years. This red silk dress has traveled to 28 countries. This decade-long embroidery project

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