Delta filed an investor presentation with the SEC today and also put out a press release on trans-Atlantic capacity. Let’s take a look.
The carrier’s news release states that it along with its SkyTeam joint venture partners – Air France, Alitalia, and KLM “will adjust their combined network and decrease capacity by reducing frequency on selected routes during the fall and winter seasons and right-sizing the joint venture fleet across the Atlantic while introducing seasonal flying to warm weather destinations.”
The news release doesn’t elaborate further on any of these adjustments, but the investor presentation shows the dramatic change in capacity plans. One interesting thing to consider here is that Delta has said some widebody retirements are in the cards.
Delta also had some details on its own capacity, saying system capacity would be down 4% after Labor Day. Note that only few weeks ago the airline said it “expects system capacity for the post-Labor Day period to be down approximately 3% compared to the prior year period.”
Meanwhile, Delta went through some of its current results, noting increases in RASM over the past two months:
Anyway, those were the key takeaways for me. You can view all the slides here.
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