U.S. airlines say COVID-19 variants aren’t hurting bookings

u s airlines say covid 19 variants arent hurting bookings

Sumary of U.S. airlines say COVID-19 variants aren’t hurting bookings:

  • Rising concern about the fast-spreading delta variant of COVID-19 is creating turbulence for the stocks of big travel companies, but airline executives say they don’t see any slowdown in ticket sales, maybe because a high percentage of their best customers are fully vaccinated.
  • “We haven’t seen any impact at all on bookings, which continue to just get stronger and stronger every week,” United Airlines CEO Scott Kirby said Wednesday.
  • Delta Air Lines CEO Ed Bastian said the same thing last week, although he added that variants were continuing to hobble international travel by delaying the opening of borders.
  • Earlier in the pandemic, airlines saw that bad headlines about the virus would prompt large numbers of people to cancel trips.
  • United said its cancellation rate has not changed in the last few weeks, although it remains higher than before the pandemic.
  • United said that 84% of the members of its frequent-flyer program are vaccinated.

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