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

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

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