Delta Air Lines announced Friday that it is cutting its capacity by 70% as travel demand plunges to unseen levels due to the coronavirus pandemic.

The Atlanta-based company said that it is experiencing “unprecedented revenue impact.”

The airline industry has been hit the hardest by the coronavirus pandemics, especially after the U.S. instituted a travel ban from most of Europe.

Coronavirus Pandemic Causes Delta To Cut Capacity

Cancellations are rising dramatically with net bookings now negative for travel over the next four weeks. To put that in perspective, we’re currently seeing more cancellations than new bookings over the next month,” the company said in a news release.

Other measures Delta is implementing include the following:

  • Suspending flights to continental Europe, except for London
  • Instituting a hiring freeze and offering voluntary short-term, unpaid leaves immediately
  • Parking up to 300 aircraft

Along with other major airlines, Delta is currently waiving change fees for all flights booked between March 1-31.

The no-fee flight changes also apply to international flights previously booked and scheduled to fly in March.

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