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Delta: Japan crisis to cut revenue by up to $400M

Delta: Japan crisis to cut revenue by up to $400M

Delta Air Lines estimates 2011 revenue will be cut by $250 million to $400 due to the crisis in Japan.
The nation's No. 2 airline is also reducing the amount it flies to Japan and elsewhere to save money because of sharply higher fuel costs.
Delta plans to reduce Japan flying by about 15 to 20 percent through May because of slower demand as the country recovers from the March 11 earthquake and tsunami.
Overall flying in the second half of the year will drop 4 percentage points, the Atlanta airline says, with the biggest cuts on routes to the Pacific. Flights to that region will grow just 5 percent, down from a planned 13 percent increase.
In the U.S., Delta now expects to reduce flying by about 3 percent.


Updated : 2021-08-03 20:04 GMT+08:00