Delta

Amazon Buys 11 Boeing 767s From Delta, WestJet To Expand Amazon Air

The world’s biggest online retailing monopoly, Amazon, announced on Tuesday that it is expanding its presence in the air freight logistics sector with the purchase of eleven Boeing 767-300 aircraft, which includes seven aircraft from Delta and four aircraft from WestJet. The new aircrafts will join the Prime Air network by 2022. The four aircraft…

Delta Air Lines Hemorrhages Cash; CEO Warns ‘Forward Bookings Slowing’ Again

Delta Air Lines’ CEO Ed Bastian warned in an internal memorandum on Thursday, Dec. 3, that despite the daily cash burn slowing down, the carrier still has to shell out a whopping $12-$14 million per day to keep the airline afloat. Now, this is a far cry from the $24 million daily burn rate in the third…