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Delta announces furloughs; Tesla touts improved battery
Fox Business Briefs: Delta Air Lines plans to furlough nearly 2,000 pilots this fall but says the cuts can be avoided if the pilots agree to a 15 percent pay cut; Tesla CEO Elon Musk suggests the car maker will be dramatically improving the batteries in makes within four year.
Delta Airlines has announced it will permanently eliminate change fees, following a similar move by competitor United Airlines to boost travel demand that has been slammed by the coronavirus pandemic.
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“We’ve said before that we need to approach flexibility differently than this industry has in the past, and today’s announcement builds on that promise to ensure we’re offering industry-leading flexibility, space and care to our customers,” said Delta CEO Ed Bastian in a statement. “We want our customers to book and travel with peace of mind, knowing that we’ll continue evaluating our policies to maintain the high standard of flexibility they expect.”