Fewer International Flights for Delta Customers
Delta Airlines, the third-largest United States airline company is set to implement major cutbacks on international flights starting this year. The company cites low fuel prices and the strong dollar for the upcoming changes. The U.S. dollar just recently hit its strongest level in 12 years against the euro, and this has increased the worth and revenue of Delta.
Coupled with diminished interest in international travel, Delta Airlines President Ed Bastian says “the substantial benefit from lower fuel prices will again more than offset the unit revenue of 2 to 4 percent for the June quarter to produce operating margins north of 20 percent at market fuel prices.”
Despite the fact that Delta gains about 30 percent of its revenue from international travel, the airline is set to reduce flights to India, Africa, Japan, and the Middle East by as much as 20 percent. Further, flights to Brazil will be cut by 15 percent, and flights to Moscow will be cut indefinitely.