Delta Air CEO reiterates cash flow target in ‘year of recovery’ ...Qatar

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Delta Air CEO reiterates cash flow target in ‘year of recovery’
source : ٌRayaٌ news ( Qatar ) () 8
Delta Air Lines Inc’s chief executive officer Ed Bastian reiterated the carrier’s aim to achieve positive cash flow by the spring as it plans for a “year of recovery.” He warned that travel demand will remain “deeply depressed” initially, with the company’s focus on health and safety for passengers. A “significant” resumption of travel, particularly for business, will come when vaccines become widely available, he said in a memo marking the new year. “As difficult as 2020 was, in many ways I expect the next 12 months to be even more challenging,” he said, predicting that vaccinations will mark the turning point for the industry. “While I am optimistic this will be a year of recovery, the co

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