In the history of commercial air travel, airlines have never had a stretch as bad as the last few months. Early in the pandemic, Delta Air Lines was losing $100 million each day. Now it's losing about $27 million a day.
While Delta is making "good headway" on reducing its cash burn, the most important factor for financial recovery is something that's largely out of the industry's control, says Ed Bastian, the company's CEO.
"The bottom line is we've got to restore confidence amongst our consumer base in air travel," he tells NPR.