Major U.S. airlines accept government aid for payrolls; American and Alaska also seeking loans [Yahoo! Finance News]
Delta Air Lines, Inc. (DAL)
Last delta air lines, inc. earnings: 4/22 07:00 am
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Source: Yahoo! Finance News
FILE PHOTO: Delta Air Lines passenger planes parked in BirminghamBy Tracy Rucinski and David Shepardson) - The U.S. Treasury Department said on Tuesday that major passenger airlines have agreed in principle to a $25 billion 19.8 billion pounds) rescue package, ensuring airline workers have jobs until October while the industry battles its biggest-ever crisis.Airlines are hopeful that U.S. passenger traffic, which has dropped by 95% due to the coronavirus pandemic, will begin to recover by October but have warned that the slowdown in air travel could extend into next year and even longer. It's possible they will need another round of government bailouts to survive.Major carriers will receive 70% of the funds for payroll in cash assistance that will not need to be paid back, while smaller carriers receiving $100 million or less will not need to repay any funds.The six largest U.S. airlines - American Airlines Group Inc , United Airlines Holdings Inc , Delta Air Lines Inc , Southwest Air
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DAL
News
- FAA investigates airlines for potential flight cut compliance violations during government shutdown [FOX News]FOX News
- FAA launches investigation into US airlines over flight cuts ordered during the shutdown [Yahoo! Finance Canada]Yahoo! Finance Canada
- 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
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