Delta sees no sign of recovery in market

Delta Air Lines sees no sign of an end to the slump in the US air-travel market, chief executive Mr Leo Mullin said today.

Delta Air Lines sees no sign of an end to the slump in the US air-travel market, chief executive Mr Leo Mullin said today.

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I remain relatively pessimistic in the near term
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Mr Leo Mullin, chief executive Delta Air Lines

"I remain relatively pessimistic in the near term, defined as through the end of this year," Mr Mullin said in an interview a week after the company reported a $123 million second-quarter loss.

"I see neither a worsening nor an improvement," he added. "We might be on the bottom but what I don't see is the turn."

The downturn in the US economy has hit airlines particularly hard, since businesses have sharply cut back their travel budgets.

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Mr Mullin was in Rome for the formal entry of Alitalia into the Skyteam airline alliance.