Delta issues 3Q profit warning due to slowing demand due to surging Delta variant

Delta Air Lines is joining with other U.S. airlines to report a slowing in demand and a rise of cancellations this month due to the surging Delta variant of COVID-19.

The airline warned it is unlikely to report a profit again in the third quarter (usually a profitable quarter).

More from MarketWatch:

https://www.marketwatch.com/story/southwest-airlines-warns-q3-unlikely-to-be-profitable-as-delta-variant-slows-bookings-and-cancellations-rise-2021-08-11