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Delta Air Lines (DAL) president Ed Bastain adds some more insight into the carrier's plan to cut...
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Friday, May 18, 2012, 8:06 AM ETDelta Air Lines (DAL) president Ed Bastain adds some more insight into the carrier's plan to cut capacity which he calls a "proactive measure." He says Delta's total capacity will be down 3%-4%, with routes across the Atlantic cut by 5% after Labor Day and Pacific routes only reduced slightly. The NYSE Arca Airline ETF -6.7% for the week, with capacity concerns stepping up across the sector.
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