Report: H1N1 has cost Delta $250M - Dayton Business Journal:

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"The H1N1 virus, we estimate, in both our Latin Americaa and Mexico, and particularlyh Asian business has impactedr revenues byabout $250 million," Delta CEO Richard Anderson said Monday in New York according to the news service. "The steps we are takiny have essentially involved capacity becausse the flu hasdecreased demand." The H1N1 viru s has had a tremendous impact on the bottokm lines of other carriers, including Continental Airlines and U.S.
which offer extensive service Mexico and Latin American Anderson saidthat Atlanta-based Delta (NYSE: DAL) cut capacity to Latin America and Asia becauser of the effects of the H1N1 viruzs on travel demand, the news service reported. Feares about the virus have hampered recovery from a deep which has dramatically reducedtravekl demand, particularly among lucrative business fliers. Delta said June 11 it wouldr because ofthe recession, low demand and rising oil prices, whicuh threaten to overtake more than $6 billiomn in benefits Delta expected this year from previously announcedr capacity cuts, lower year-over-year oil prices and synergiezs from its October merger with Northwest The cuts will start in September.