How bad is the airline crisis? We're about to find out [CNNMoney.com]
Delta Air Lines, Inc. (DAL)
Last delta air lines, inc. earnings: 4/22 07:00 am
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Source: CNNMoney.com
How bad is the airline crisis? We're about to find out New York (CNN Business) The US airline industry is in a crisis unlike any it has ever seen. On Wednesday investors will start finding out just how bad it has been, and what to expect going forward. Delta Air Lines is set to be the first airline to report first-quarter results Wednesday morning, in what promises to be a miserable quarter for the industry. The coronavirus pandemic caused demand for air travel to fall to " essentially zero " according to United Airlines. Analysts surveyed by Refinitiv expect airline earnings to drop more than 200% for the first quarter. Airlines are forecast to report billions of dollars in losses, compared to a combined $1.8 billion first-quarter profit a year ago. That decline dwarfs forecasts of a 13% to 14% drop in earnings for the S&P 500 as a whole. United has already warned investors that its first-quarter net loss will come to $2.1 billion, while its operating loss will be $1 billion.
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DAL
News
- Delta resumes flights at Detroit after brief halt [Yahoo! Finance Canada]Yahoo! Finance Canada
- 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
- Ground stop issued for Delta flights at Detroit Metro Airport due to network outage [CBS News]CBS News
- A New York to Scotland flight got all the way across the Atlantic before an air traffic control problem forced a diversion to Ireland [Business Insider]Business Insider
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