Delta reports its first loss in five years as coronavirus ravages airlines [CNN]
Delta Air Lines, Inc. (DAL)
Last delta air lines, inc. earnings: 4/22 07:00 am
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Source: CNN
New York (CNN )The airline said its loss, excluding special items, came in at $326 million, compared to a $639 million profit a year earlier. Revenue in the quarter fell $1.9 billion compared to a year ago, an 18% drop. The miles flown by paying passengers fell by 17%.But the quarter was only the beginning of the problems for the carrier: Delta confirmed its previous warning that it expectsrevenue to be down 90%The number of people being screened at airports by TSA is down 95% so far in April. Delta and other airlines are slashing their schedules for the quarter and grounding most of their planes.The loss at Delta was smaller than the loss forecast by Wall Street analysts surveyed by Refinitiv. Every airline is forecast to report losses of its own for the first three quarters of this year, at least.Read First-quarter operating losses for the industry are forecast to reach atleast $2 billionUnited AirlinesUALessentially zero recently approved a$50 billion relief packageShares ofDAL
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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