According to a report from Thrifty Traveler, Delta is expanding the validity of flight credits for cancelled travel through the end of 2022 for any ticket purchases April 1, 2020 or later (including tickets purchased through the end of 2021). This means that if you booked a trip last April, May, June, or beyond expecting to be able to travel by summer or fall and you cancelled that trip, your flight credit is now reportedly going to be valid all the way through the end of next year.
Assuming this pans out, it will be great news for those who booked travel last year early in the pandemic with the optimism that we would get the tough times behind us a bit sooner. The policy has previously been that tickets booked from April 17, 2020 onward would be subject to a 1-year expiration policy. This new news means that those tickets and any others purchased April 1, 2020 or later are expected to be extended to the end of 2022. The fact that this includes newly-booked travel is also terrific since it means that you could book travel now for later this year with the knowledge that if you need to cancel it you can do so and then use your credit to travel next year.
According to information obtained by Thrifty Traveler, customers will see the updated expiration dates reflected on their travel credits in the coming days, so it sounds like this will be automatic and not yet reflected. My expectation is that Delta intends to make an announcement once they are ready to make the extension.
H/T: Thrifty Traveler