COVID & airline
$Delta Air Lines (DAL.US)$ Banking on a recovery in travel would not have been out of line a few months ago. A lot of people were, and with good reason; the training wheels forced on economies the world over were starting to come off, and people could leave their houses without fear of arrest again.
That should have opened up travel, if only partially. People were desperate for a vacation at that point. Throw in the labor shortages and massive price hikes, and suddenly, those who could go had no reason to.
In the end, there are just too many points of failure here. The fact that Delta’s only looking for recovery to continue into what should be its busiest season is distressing. That makes for a bad season coming up for most everything travel-related.
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