This ain't good:


(Reuters) - Delta Air Lines (DAL.N), with more than 14,000 pilots on its roster, expects to have 7,000 more than it needs in the fall as the coronavirus pandemic weighs on its operations, according to a memo to flight operations employees seen by Reuters.


The memo follows Delta’s announcement earlier on Thursday that it would no longer fly Boeing Co’s (BA.N) wide-body 777 aircraft and some of the other older, high-maintenance jets, as the U.S. carrier looks to cut costs amid a steep fall in bookings.


“I recognize that is an alarming number so it’s important to know that our intent is to align staffing for what we need over the long term,” John Laughter, S.V.P. of flight operations, said in the May 14 memo, first reported by Reuters.


Laughter said that by the third quarter of 2021, the airline would have between 2,500 and 3,500 pilots more than needed to fly its schedule, even accounting for pilots who will reach mandatory retirement age between now and next summer.
full story: https://www.reuters.com/article/us-h...2F+Top+News%29