Delta Makes Its Case It Can Fly Through the Coronavirus Crisis [The Motley Fool]
Delta Air Lines, Inc. (DAL)
Last delta air lines, inc. earnings: 4/22 07:00 am
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Source: The Motley Fool
Delta Air Lines(NYSE:DALBut forairlinesHere's a close look at the quarter, and what Delta management expects in the months to come.The resultsBefore markets opened Wednesday, Delta reported a first-quarter loss of $0. per share on revenue of $8.6 billion, compared to analyst expectations for a $0.70 per share loss on sales of $8.9 billion. Revenue was off 8% year over year."The first quarter of 00 has truly been like no other in our history," CEO Ed Bastian said ona post-earnings callImage source: Delta Air Lines.With demand nearly nonexistent, Delta has been scrambling to raise cash and buy itself time for travel to normalize. The company said it has raised $. billion since early March, including a $ billion secured term loan and $. billion in aircraftsale/leaseback dealsThe airline said it expects to end the second quarter with about $0 billion in liquidity, up from $6 billion at the end of the first quarter. That would imply additional fundraising efforts are on the horizon.Earlier
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DAL
News
- 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
- Delta Says Profit Will Take a Hit from Government Shutdown. Why the Stock Is Gaining. [Yahoo! Finance]Yahoo! Finance
- Buy Airline Stocks or the JETS ETF Amid Record Holiday Travel? [Yahoo! Finance Canada]Yahoo! Finance Canada
- Delta Air Lines Reports $200 Million Loss from Record Government Shutdown as Industry Faces Unprecedented Disruption [Yahoo! Finance]Yahoo! Finance
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