Delta Air Lines is reducing flights by 70%

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After an earthquake temporarily closed Salt Lake City International Airport on Wednesday, Delta Air Lines — which provides 73% of the flights from there — announced that a sort of financial earthquake is hitting it because of the coronavirus.

It is parking half of its fleet and reducing its flights by 70%, Delta CEO Ed Bastian announced in a memo to employees made public by the airline.

"Revenue for the month of March is now expected to decline by almost $2 billion over last year, with our projection for April falling even more," he wrote.

"Therefore, we will continue to make significant capacity reductions with a 70% systemwide pullback planned until demand starts to recover. Our international operation will take the largest reduction, with over 80 percent of flying reduced over the next two to three months."

(Francisco Kjolseth | The Salt Lake Tribune) Delta Airlines CEO Ed Bastian sits down in an interview to talk…
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