Wednesday, Oct 26, 2016
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Delta may cut capacity after summer travel

Delta Air Lines Inc. may reduce seating capacity after the peak summer travel season beyond a planned 4 percent as carriers including larger rival United Continental Holdings Inc. report slowing revenue growth.

“You continue to look and tweak it and make changes,” Chief Executive Officer Richard Anderson said. Delta will “continue to match capacity to the demand curve,” he said.

Delta reiterated its 4 percent seat-cut plan target in a regulatory filing this week, saying most of the pullback would be through a 10 percent to 12 percent reduction on trans-Atlantic routes.

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