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Old 06-12-2002, 02:11 PM   #1
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Delta Air Chairman: Rate Of Industry Recovery Slowed

Delta Air Chairman: Rate Of Industry Recovery Slowed

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NEW YORK -(Dow Jones)- Leo Mullin, chairman and chief executive of Delta Air Lines Inc. , said Wednesday that "the rate of the industry's recovery has slowed" largely because of negative effects of the aviation security requirements put in place after the Sept. 11 terrorist attacks.

The industry's revenue recovery is lagging the traffic recovery because of continued fare sales and sluggish business travel, Mullin said at a Merrill Lynch transportation conference in New York .
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