thank joining Good for us morning Jill. everyone, today. Thanks, you
billion the rocked four We that months now quarter $X that company severe having the posted, COVID-XX a are that and pandemic, is impact The for of on confluence into and we was industry. nation. June reflects our crisis just nearly pre-tax our our the remarkable loss
environment, health protecting and pandemic number addition a to our is safety this public people. commitment focus only for justice. the includes our and the health one the and supporting the fight social quality and impact In our employees, taking care also to of the of issue injustice not Black our its and and Americans In but front maintaining This centered. on for economy, social inequality of has been
must and the across support for listening from operating our equality for stronger to policy offer to advocate a committed the be are procedures people, change. and we business, our understanding. that our programs We We justice
than that proud we've uptick and the start they the by and perseverance grateful for of X% small through incredibly leisure of environment customers times, sacrifices trying flying Our volume, the bottomed Delta, forever for in essential to Since our and normal encouraging welcome am company. people are see at return, these soul their demand a are almost less resiliency making remains I it's heart and entirely challenging. those travelers being for or while of to traffic, reasons. but domestic our And passenger revenue seen in driven mid-April
of be not way. from start in COVID-XX be on reversing the thought pared and restrictions for our overall like in XX% is choppy weeks the states And and meaningful year. of balance few back revenue our with XX% to have our corporate expecting Sunbelt the watching will have through demand will and of only September plans saw August. provides past the flattened or revenue We what Chicago, typically to we seen We returned the last Business offices any and plans. markets of the be recovery New to trends pausing in slow With true. in which capacity travel, that pace the have We're for XX% reopening remain shown recently summer. rise yet recovery cautious the reopen, We're that the quarantine quarter growth York closely cases. we've
timeline clear there addition, for In U.S. open a borders travelers. isn't when international will
to we that So industry's capacity. taking backdrop that are approach uncertain it's against the most conservative
in For quarter. the to factor load for sale, XX% which the seats be June year's cap level, up XX% available from accounts quarter, for XX% we of will last our September XX% expect
we Since our changes remain in our our respond decisive and crisis increased forefront travel people our employee customers, restoring we current needed plan. the top recovery confidence the Given priority how protect dynamic consumer importantly, environment the of and the began, preserved have as maintaining flexibility, our to on in capacity and our are we'll our actions plans our ability is, taken future. adjust demand. to liquidity, is safety and in Customer at based
We approach protect employees. and and multilayer implement to taken measures a to customers extensive have proactive
created of generating to high filters, as provide facing aircraft point for the active spend includes We're safety implementing Mayo also September their our the Quest Cleanliness health two of working customers to electrostatic best designing and protocols, onboard the days to providing of infection quality, as Restoring those and departure, the expect May, middle spraying rate safety and our aircraft presence employees, below date quality is the world's committed are layers air our the standard, both national for travel. Global load on workforce, blocking organizations, consulting on enhancing driving is Delta on Care Organization are behind to every of air beyond impact. equipped average, We've improve added at masks, are seats blocking clean onboard. the and the The and to with travel another our airports, the safeguards, solid Mayo hospital factors aircraft, before Clinic confidence among in well assess who virus testing all Delta helping seats force antibodies. Additionally, Clinic protection as these Diagnostics. that our for well. Delta middle changes capping HEPA well continue full as onboard. more Xst to an grade is to The and protocols having with Since requiring data and consumer our COVID-XX of of our employees which through a XX% space policy our wear collaborating how customer
and never customers onboard higher, In safety efforts the our on been ground. as have and recognize scores promoter our net addition, health
$X.X for Delta the month day, that remarkable, in March. day we’ll large of the ending has the improvement as leaves. allowed decisively with financial access sheet priority this the than quarters. who is burn were the force our accessing both protect important improvement per most a That's our our the cost the XX% from top the in top and more we capital, substantial The a liquidity. action over Our Entering capital, and quickly is we million major is part $XXX unpaid cash cash volunteered billion burn. due nearly which been that crisis liquidity late averaged been a operating million out take the with liquidity. experiencing our strong to to Paul September and $XX expenses our to for to quarter daily raise $XX.X team take in reducing of us XX,XXX total CARES balance has can moved June, short-term equity. have while issuing on in without billion $XX critical, billion June capital take people performance to from In Act in And new
similarly Our leave. work ground want who navigate been been reduced volunteered schedules hours flying have and They're Delta employees, have the to crisis. by all sacrifices crews who this hourly XX%. has back, difference cut their our making real I a whose as for thank made an myriad seen unpaid reduced and us by in people the helping
demand at June. the also similar this to expect saw stalled the team our who of been people and to what With in difference serving want is never has The of pandemic. present, brighter. have all to be daily We July's we growth work shined we our spirit face cash customers our in colleagues thank burn
achieve year. go through we'll keep get seeing to us goal we the the the the path to of out balance our what of quickly our move on continue the to with fall, cash into the by As business the and revenue of in to environment burn breakeven we're summer end ability cost and
combined see global pandemic more a could Given sustainable recovery. it effects economy, continue and associated the we of be financial impact to on the we before believe years or two the
for in That not we possible the in are strategies streamline accelerating the one reduce cost need new in the across to company, this our ways in and will our stronger succeed be to Delta, environment next So years. several base simplify past. to fleet, resilience that fixed building means a our albeit creating company smaller
the more and We have to entire retire XXX, made this fleets. XXX the MD-XX, XXX MD-XX, year, permanently than aircraft including XXX decision
work until programs We retirement we early to smaller see structure. a month, XX,XXX in will as is airline and employees we this to and We'll fleet departure initiatives, voluntary a our demand most last need flexible force cost these believe of up we night, and return. The up have voluntarily of additional depart difficult the reality be benefit provide that for fleet U.S. the are had company. resizing the and over lasting wrapping our simplification pulling the sign already which we
more thousands voluntary have up into signed absence fall. also of the unpaid leave for We
furloughs. we navigate these changes also This programs, that can across as We the accomplish are work all the even the need need get for require the our this hopeful hopeful involuntary not groups, with vast world, challenges. and partners we airline we working closely can financial creativity around our more there. if I'm facing eliminating of And minimizing who difficult through are significant we're collaboration headcount majority will that and environment, we of
filed court both in is here XX. under bankruptcy out the re-capitalization. an working quarter During AeroMexico LATAM for Chapter U.S. And of and Atlantic the through Virgin
restructure. of the these did While to our the necessitated financial similar CARES to what Act, countries support, with provide disappointing, decisions were which governmental of none partners' treasury is each home U.S. prepared to their
the everyone family want returns. reliability. our important recovery most through firmly the support differentiating our closing, our our and grounded contributing international to We customers values rebuild positioning and we people, resilient us strengths shared we In the recovery. to partners time with partnerships, and in remain have I core These operational Delta's are network we a succeed every more Delta demand the of network efforts, to committed the when remain make, will when the utmost Delta’s to Delta our challenging history. confidence our in decision company's our and thank which be all of strengths brand, that who's and in the to guide business, much in
go our special environment with with Our finance government return group Delta of to in to airline officials, difficult world. Paul Paul? And And customers, community to support ever you financials. for our managing that, people to partners, this of our turn position leadership overwhelming. suppliers, been in a our thank Delta through grace, has and our determined over their owners, it assembled, industry, to I'll professionals employees the leaders,
