As the markets and economists brace for economic downturn, Delta Air Lines Inc. CEO Ed Bastian says he's not concerned about a global recession given the demand the airline industry is seeing.
"There's no recession going on in the air travel business," Bastian told guests at the Detroit Economic Club meeting on Friday. "If anything, there's more demand than (we) can possibly handle. What you're seeing is a big shift coming out of COVID."
The industry is coming off a busy Labor Day weekend when the Transportation Security Administration screened 8.76 million travelers between Friday, Sept. 2 and Monday, Sept. 5, exceeding pre-pandemic 2019 levels, according to TSA.
