The Omicron case surge is impacting business travel and international recovery the most, said Ed Bastian, CEO of Delta, in a fourth-quarter earnings call, noting that meetings are being canceled, office reopenings postponed and country restrictions being put back in place. As a result, he said, the months of January and February will see a recovery of 70% against 2019 levels, but Bastian expects rapid improvement once case counts begin to decline. He said Delta expects March to return to the recovery trajectory seen at the end of 2021, resulting in revenue recovery of 72% to 76% for the full quarter. Based on the current outlook, he said, the airline expects the first quarter to be the only loss-making quarter for the year, with a “meaningful profit” foreseen for the full year. Glen Hauenstein, president, said capacity for 2022 is expected to be about 90% recovered versus 2019, with most of that recovery in the second half of the year. He said the company expects to exceed its 2019 financial performance by 2024.