Delta Air Lines president Edward Bastien stated the Japanese earthquake and tsunami has caused the number of passengers travelling with Delta through Asia to decline significantly (ABTN, 18-Apr-2011). Mr Bastien stated the carrier has seen a 25% reduction in traffic through Asia. He also stated that Delta had previously seen USD2 billion of revenue from Japan. However, he stated that the recovery will likely occur at a faster pace than anticipated.
Delta Air Lines: “It will bounce back faster than people anticipate. They [Japan] will overcome this and we will be well-positioned as an airline and an industry to help them,” Edward Bastien, president. Source: ABTN, 18-Apr-2011.