Air France-KLM to receive up to $12 billion in state aid to deal with Covid-19 blow out [MSNBC.com]
Delta Air Lines, Inc. (DAL)
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Source: MSNBC.com
The Air -KLM group's new logo is pictured during the group's 2018 financial year presentation in Paris on February 20, 2019.ERIC PIERMONTThe Dutch government said on Friday that it would provide between 2 billion euros and 4 billion euros in state aid to KLM, while the French cabinet announced a support package of 7 billion euros for Air . KLM will not be able to pay dividends or award bonuses for as long as it receives state support and workers will have to take a pay cut, according to a statement.The airline will also have to adopt a greener approach, for example, by cutting back the number of night flights.Passenger demand could drop 55% in 2020The deal comes at a time when the airline industry is facing an unprecedented challenge, with international travel brought to a near standstill as a result of a global health crisis. TheInternational Air Transport Association (IATA)The IATA also estimated that passenger demand could be 55% below 2019 levels and around 6.7 million jobs were t
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- Delta initiates ground stop for Detroit Metro Airport flights [USA TODAY]USA TODAY
- Delta initiates ground stop for Detroit Metro Airport flights [USA TODAY]USA TODAY
DAL
Earnings
- 10/9/25 - Beat
DAL
Sec Filings
- 12/3/25 - Form 8-K
- 11/14/25 - Form 13F-HR
- 10/23/25 - Form 4
- DAL's page on the SEC website