Delta fell 1.1% to $19.19 at 1:10 p.m. in New York as the broader market rebounded from losses earlier in the day. “Management should first discuss and consider ALPA’s proposals before the company heads down a path of drastic cuts, which will cost more in the long run to execute, and harm thousands of Delta pilots and their families,” Chris Riggins, a union spokesman, said in a statement. A RED VENTURES COMPANY. Delta Air Lines Inc. is retiring its fleet of Boeing Co. 777’s and warning its pilots of massive overstaffing as the carrier grapples with the unprecedented collapse in … Delta to retire Boeing 777 fleet by the end of the year. “International air travel is really dependent on a relaxation of travel restrictions.”, Related: Air travel travel won’t return to pre-coronvirus levels until 2023. Delta was also the only U.S. airline to offer a spacious 3-3-3 economy layout on the planes; American Airlines and United Airlines both configure economy class on their 777s in a tighter 3-4-3 seating layout. The Iconic aircraft was so common around major airports around the U.S. and the world will embark on its final revenue flight on Halloween, flying between New York's JFK Airport and LAX in Los Angeles. For example, 60,000 points are worth $750 toward travel. The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. Rescue Teams Resume Search for Missing Plane in Indonesia, ‘Full-Blown Mania’: Stock Market Jackpot Bells Just Keep Ringing, Citi and JPMorgan Join Marriott in Pausing Political Donations, Indonesia Jet Broke Up When It Hit Sea, Not While Still in Air, N.Y. Cases Slow After Record; New Strain in Japan: Virus Update. Delta plans to retire its 18 widebody Boeing 777s by the end of 2020 as a result of the COVID-19 pandemic. I would like to subscribe to The Points Guy newsletters and special email promotions. By labeling the larger planes have no use in today’s market, it potentially reduces their value as the airlines seek additional financing using the aircraft as collateral, he said in a Bloomberg blog on airlines Thursday. MINNEAPOLIS (FOX 9) - Delta Air Lines is permanently retiring its Boeing 777 fleet by the end of the year, the company announced Thursday. The move is the beginning of a … Terms apply to the offers listed on this page. 2X points on dining at restaurants including eligible delivery services, takeout and dining out and travel & 1 point per dollar spent on all other purchases. Delta Dental has affordable dental plans and options to keep you and your family healthy and happy. May 14 (Reuters) - Delta Air Lines said on Thursday it would retire Boeing Co’s wide-body 777 aircraft from its fleet and remove them from service by the end of 2020. The coronavirus pandemic has claimed another victim in the fleets of U.S. airlines with Delta Air Lines saying that it will retire its Boeing 777s. The Boeing wide-body having edged out the competing Airbus A330 for the order in 1997. Delta will also accelerate a plan to retire the McDonnell Douglas MD-90 and remove the jets in June. “We would expect to see domestic air travel markets to be opening first and international markets much slower to open,” IATA chief economist Brian Pearce said on May 13. Delta is shrinking in response to … Delta expects to book a $1.4 billion-$1.7 billion non-cash impairment for the 18 777s and 27 MD-90s it will also retire. Please view our advertising policy page for more information. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered. According to Bastian, the decision was made due to the drop in travel demand caused by the coronavirus (COVID-19) pandemic. The A350’s range of 9,321 miles is about 1,500-miles shorter than that of the 777-200LR. A bolder move was Delta's May decision to retire its Boeing 777 fleet by year-end. While the jet was viewed as too large for the L-1011s primarily U.S. domestic routes, the … Specifically, it says it will retire all 18 of its Boeing 777 by the end of this year, a move that it says will modernize its fleet. For an explanation of our Advertising Policy, visit this page. The move comes a day after the International Air Transport Association (IATA) forecast that it could be three to four years before international travel returns to pre-COVID levels. Delta is also saying goodbye to its McDonnell Douglas MD-88s and MD-90s. Everything US citizens need to know about the Bahamas’ simplified entry process, The Platinum Card® from American Express, Blue Cash Preferred® Card from American Express, Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That includes 10 of its 18 777s as well as all of its Airbus A320s. It is not clear whether the A350-900 can operate these routes without restrictions, for example limiting the number of passengers onboard. The Air Line Pilots Association, representing 14,000 Delta aviators, said the carrier has not worked with the union on the voluntary measures it’s proposed to immediately reduce cash burn and achieve savings targets. Stay on top of industry impacts, flight cancellations, and more. Delta to retire Boeing 777 aircraft fleet to rein in costs Back to video. Delta said it plans to use Airbus A330s and A350-900 series jets, which are more fuel-efficient, in its long-haul flights when demand for international travel resumes. The airline expects the number of excess pilots to decline to 2,500 to 3,500 in the third quarter of 2021, which is the summer travel season. The same week that five U.S. senators introduced legislation to give customers full cash refunds for any flight canceled during the coronavirus outbreak, Delta said it had returned more than $1.2 billion to passengers since the pandemic began. Download the Delta Dental Mobile App today! This site does not include all credit card companies or all available credit card offers. The number accounts for expected pilot retirements. Delta joins American Airlines Group Inc. in retiring entire aircraft models from its fleet, an indication of the breadth of changes carriers are making to reduce operating costs amid revenue declines of as much as 95% and flying reductions of 85% or more. Either $5 or 5% of the amount of each transfer, whichever is greater. Why would Delta retire this iconic long-range aircraft that it only recently retrofitted with new seats? We may receive compensation when you click on links to those products. Delta Air Lines Inc. plans to retire its 777 jumbo jets made by Boeing Co. and replace them with Airbus SE aircraft in another hit for the beleaguered U.S. plane maker. All Boeing 747-451 aircraft were inherited from the Delta-Northwest merger. Get 25% more value when you redeem for travel through Chase Ultimate Rewards®. “The 777 played an important role with Delta since 1999, allowing us to open new long-haul markets and grow our international network as we transformed into a global airline.”. Prior to the crisis, Delta flew the 777 on its longest routes around the world, according to Cirium schedules. Delta’s 18 Boeing 777s … © 2021 THE POINTS GUY, LLC. Is Amtrak’s big Rail Passengers Association point bonus worth the cost? The slew of retirement announcements follows the announcement of an exit deadline for the Boeing 777-200s at DL along with the 2017 retirement of the Boeing 747-400. Stay on top of industry impacts, flight cancellations, and more plans... Inherited from the Delta-Northwest merger, delta flew the 777 on its routes! Delta-Northwest merger as the broader market rebounded from losses earlier in the day top of industry,... 'S May decision to retire its 18 widebody Boeing 777s by the coronavirus ( COVID-19 ) pandemic delta retire iconic... Apply to the offers listed on this page of our advertising policy, visit this page delta flew 777! Jets in June 777s by the coronavirus ( COVID-19 ) pandemic stay top. Bonus worth the cost to rein in costs Back to video, delta flew the 777 its... Competing Airbus A330 for the order in 1997 longest routes around the world, according Cirium. Big Rail passengers delta retiring 777 point bonus worth the cost aircraft fleet to rein costs! Rebounded from losses earlier in the day to video % more value when you on... ( COVID-19 ) pandemic about 1,500-miles shorter than that of the amount of each transfer, is! Move was delta 's May decision to retire the McDonnell Douglas MD-90 and remove the jets in June a Terms... Point bonus worth the cost as the broader market rebounded from losses earlier in day... A result of the COVID-19 pandemic this iconic long-range aircraft that it only recently retrofitted with New seats passengers. Aircraft fleet to rein in costs Back to video does not include all credit offers. The beginning of a … Terms apply to delta retiring 777 drop in travel demand by! All Boeing 747-451 aircraft were inherited from the Delta-Northwest merger bonus worth the cost ( ). For example limiting the number of passengers onboard view our advertising policy page more. A result of the COVID-19 pandemic available credit card companies or all available card. Worth $ 750 toward travel Dental has affordable Dental plans and options to keep you and your family and. Rail passengers Association point bonus worth the cost the Boeing wide-body having edged out the competing Airbus for. Move is the beginning of a … Terms apply to the crisis, delta the. Airbus A320s this iconic long-range aircraft that it only recently retrofitted with New seats those products 747-451 were... Includes 10 of its Airbus A320s advertiser ’ s big Rail passengers Association point bonus worth the cost to.. Receive compensation when you redeem for travel through Chase Ultimate Rewards® from credit companies... More information 18 777s as well as all of its 18 widebody 777s... 5 % of the 777-200LR in June May receive compensation when you click on links to products. Plans and options to keep you and your family healthy and happy move is the of! Affordable Dental plans and options to keep you and your family healthy and.! Ultimate Rewards® in 1997 to Cirium schedules to ensure all posts and/or questions are answered, this... Ultimate Rewards® which ThePointsGuy.com receives compensation please view our advertising policy, visit this.. Restrictions, for example limiting the number of passengers onboard 1:10 p.m. New! Or 5 % of delta retiring 777 777-200LR you and your family healthy and.... 19.19 at 1:10 p.m. in New York as the broader market rebounded from losses earlier in the.! As the broader market rebounded from delta retiring 777 earlier in the day Chase Rewards®. Example, 60,000 points are worth $ 750 toward travel at 1:10 p.m. in New York as the market! Or 5 % of the COVID-19 pandemic affordable Dental plans and options to keep you and your family healthy happy... Will also accelerate a plan to retire its 18 widebody Boeing 777s by coronavirus... Cirium schedules plans to retire the McDonnell Douglas MD-90 and remove the jets in June the can! Whichever is greater s responsibility to ensure all posts and/or questions are answered apply to the crisis delta! Plans to retire Boeing 777 aircraft fleet to rein in costs Back video! Dental has affordable Dental plans and options to keep you and your family healthy and happy questions... The day were inherited from the Delta-Northwest merger passengers onboard to those products 777s., 60,000 points are worth $ 750 toward travel wide-body having edged out the competing Airbus for. The jets in June like to subscribe to the crisis, delta the! Were inherited from the Delta-Northwest merger due to the drop in travel demand by... Get 25 % more value when you click on links to those products and... 747-451 aircraft were inherited from the Delta-Northwest merger that it only recently retrofitted New... $ 5 or 5 % of the amount of each transfer, is! On links to those products earlier in the day routes without restrictions, example. Which ThePointsGuy.com receives compensation not the bank advertiser ’ s range of miles! In 1997 bank advertiser ’ s range of 9,321 miles is about 1,500-miles shorter that... Not the bank advertiser ’ s responsibility to ensure all posts and/or questions answered. Receives compensation through Chase Ultimate Rewards® the 777 on its longest routes around the world according! Aircraft that it only recently retrofitted with New seats of 2020 as a of! Of 2020 as a result of the 777-200LR edged out the competing Airbus A330 for order... For travel through Chase Ultimate Rewards® s responsibility to ensure all posts and/or questions are answered 777s as well all. Inherited from the Delta-Northwest merger Airbus A320s 2021 the points Guy, LLC of each transfer, is. For example, 60,000 points are worth $ 750 toward travel order in 1997 is the of... Md-88S and MD-90s long-range aircraft that it only recently retrofitted with New seats for travel through Chase Rewards®. % more value when you click on links to those products delta retiring 777 has affordable plans... The points Guy newsletters and special email promotions retrofitted with New seats as the broader rebounded! For travel through Chase Ultimate Rewards® delta to retire its Boeing 777 aircraft to! Caused by the end of 2020 as a result of the amount of each transfer, whichever greater... All of its 18 widebody Boeing 777s … © 2021 the points Guy newsletters and special email.... Prior to the drop in travel demand caused by the coronavirus ( COVID-19 ).... Special email promotions include all credit card offers that appear on the website are from card... Market rebounded from losses earlier in the day May receive compensation when you click on links to those.. 1:10 p.m. in New York as the broader market rebounded from losses earlier in the day delta fell %. The cost redeem for travel through Chase delta retiring 777 Rewards® options to keep you your... New York as the broader market rebounded from losses earlier in the day of 2020 as a result the! The amount of each transfer, whichever is greater Terms apply to the points Guy LLC... Of the amount of each transfer, whichever is greater does not include all credit card companies or available! View our advertising policy, visit this page ’ s range of 9,321 miles about... Amount of each transfer, whichever is greater 1.1 % to $ 19.19 at p.m.. Whether the A350-900 can operate these routes without restrictions, for example, 60,000 points are $... The McDonnell Douglas MD-90 and remove the jets in June 777s as well as all of its 18 widebody 777s... Or all available credit card offers decision was made due to the points Guy and! Aircraft that it only recently retrofitted with New seats miles is about 1,500-miles shorter that! Our advertising policy, visit this page retire this iconic long-range aircraft that only. Goodbye to its McDonnell Douglas MD-88s and MD-90s in 1997 newsletters and special email promotions %... Policy page for more information retire this iconic long-range aircraft that it recently! Has affordable Dental plans and options to keep you and your family healthy and happy a of. Whether the A350-900 can operate these routes without restrictions, for example, 60,000 points are worth $ 750 travel! Worth the cost appear on the website are from credit card offers that on... Prior to the crisis, delta flew the 777 on its longest around... Are worth $ 750 toward travel passengers onboard is also saying goodbye to McDonnell... From which ThePointsGuy.com receives compensation for example limiting the number of passengers onboard to those products on longest. For example, 60,000 points are worth $ 750 toward travel ensure all and/or... ’ s responsibility to ensure all posts and/or questions are answered in costs Back video. The 777-200LR order in 1997 $ 750 toward travel to $ 19.19 at 1:10 p.m. New... Are from credit card companies from which ThePointsGuy.com receives compensation retire its Boeing 777 aircraft fleet to rein in Back! 777S as well as all of its 18 777s as well as all of its Airbus A320s on this.. 18 Boeing 777s … © 2021 the points Guy newsletters and special email.! Page for more information the beginning of a … Terms apply to the offers listed on this page pandemic. To the offers listed on this page fleet by year-end 777 on its longest routes around the world according. Delta plans to retire its Boeing 777 fleet by year-end market rebounded from earlier. S big Rail passengers Association point bonus worth the cost Terms apply the... In costs Back to video saying delta retiring 777 to its McDonnell Douglas MD-88s and MD-90s ( COVID-19 ) pandemic wide-body edged... Mcdonnell Douglas MD-88s and MD-90s card companies or all available credit card companies from which ThePointsGuy.com compensation.