Still, the airline offered a hopeful message, saying it expects the impact of Omicron on its operations will be over within the next 60 days. That should allowing Delta to return to profitability by March and to continue to make money throughout the summer travel season.
“The recent rise in Covid cases associated with the Omicron variant is expected to impact the pace of demand recovery early in the quarter, with recovery momentum resuming from President’s Day weekend forward,” said Glen Hauenstein, Delta’s president.
Three months ago, the company had warned it expected a fourth-quarter loss because of rising fuel prices. But fuel prices rose less than Delta had feared, and holiday travel was stronger than it had expected.