Delta Air Lines estimates that it will be overstaffed by 7,000 pilots this fall, according to a memo to employees. coronavirus
. US data this week showed there were fewer than one-tenth the number of passengers compared with the year-ago period.under the CARES Act, Delta agreed to not undertake involuntary employee layoffs or furloughs through September 30, 2020. Delta will receive $5.4 billion in grants and low-interest loans under the program.
"With the unprecedented drop in travel demand amid the COVID-19 pandemic and global economic slowdown, we continue to take action to protect Delta's cash, Delta jobs, and Delta's future," Delta chief executive Ed Bastian said in a message to employees in which he revealed the company is currently burning $50 million in cash a day.
Bastian said the company would turn to the Airbus A330 and A350-900s"which are more fuel-efficient and cost-effective" as replacements for the 18 Boeing planes.
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