bad to worse....?
Reported today by the Dow Jones News Service that DT has sent a memo to some departments mentioning that CX may have to sell/mortgage aircraft if the situation does not improve....and NO extra cash from the head shed in the UK.
Not good news, but expected.
In addition, Delta in the USA will ask pilots for a 25.6% pay cut...those high(er) wages for some crew really do bite into the bottom line.
Expect more of the same...worldwide.