Delta CEO on what the airline industry needs to survive


Is reporting a larger than expected $5.4 billion loss in the third quarter compared to a $1.5 billion profit in the same period last year. CEO at Bastion It's going to take some time you know into the spring early part of next year before we start to see Profits and as well as cash flow. Delta has taken steps to reassure passengers even as the company hemorrhages cash, pledging to block middle seats through at least early January. Even as most major airlines have returned to full capacity. Delta is generally regarded as one of the best run airlines in the world. And they reported a blockbuster loss even as they tried to reduce costs. What does this mean for the airline industry as a whole? You know, big picture. This means the airline industry really needs the bailout. NBC's Blaine

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