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Airlines Predict Positive Cash Flow in Q2 2021


MIAMI – After a year of burning through piles of cash to survive, airlines are seeing a return to profitability in the near future.
Delta Air Lines (DL), for instance, has been burning approximately US$12m per day in Q1 2021. That works out to about US$1bn per quarter. According to a report on
InvestorPlace.com, the company said that it had US$16.7bn in liquidity at the end of December. Therefore, DL could survive for another year, even if travel does not pick up and cash burn stays level.
However, with mass vaccinations and pent up travel demand, during a conference call this week, DL management forecast an “inflection point” during Q2 where cash flow breakeven will occur. ....

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Delta, United, Alaska Near Breakeven as Travel Recovery Picks up Steam


More travel executives get their mission-critical industry news from Skift than any other source on the planet.Tell me more
Airlines have trudged on a long and arduous road through the coronavirus pandemic, from setting down the majority of the global fleet a year ago to the mirage of a recovery last summer and a second in some places third Covid-19 wave this winter.
Now, finally, it looks like the environment in the U.S. has turned a corner. Alaska Airlines, Delta Air Lines and United Airlines are all looking to either break even or generate positive cash flow this month after a year of daily losses. They, and others, are eagerly looking ahead to what is shaping up to be a markedly stronger summer than last for domestic travel. ....

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'Book travel as soon as possible.' Americans are flying again — and soon it could be hard to find cheap airfare


‘Book travel as soon as possible.’ Americans are flying again as vaccines roll out and soon it could be hard to find cheap airfare
MarketWatch
5 hrs ago
© Getty Images
The U.S. Centers for Disease Control and Preventions issued new guidance for domestic and international travel Friday, relaxing the requirements for people who are fully vaccinated against COVID-19.
Travel experts say the vaccine-fueled surge in travel bookings could be bad news for anyone hoping to score a deal on a summer vacation this year.
More than 1.57 million people travelled through Transportation Security Administration checkpoints at airports on March 28, according to data released by the government agency. ....

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Tributes paid to Lisa Brown after she took her own life | The Westmorland Gazette


A WOMAN told her husband in a suicide note she cannot see any way out , an inquest heard.
Police broke into the car of Lisa Brown after it was discovered in the Lake District - miles away from her home in Bolton where she had been reported missing from.
When police found the 46-year-old unresponsive in her car, they smashed a window and started chest compressions until paramedics arrived on the scene. But she was later pronounced dead.
A note recovered by detective inspector Edward Russell addressed to her fiancée Simon Dickinson said: I am so sorry; I cannot see any way out. I love you and thank you for sharing your life with me. ....

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