Delta reports its first loss in five years [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
Delta reports its first loss in five years as coronavirus ravages airlines New York (CNN Business) Delta Air Lines lost $534 million in the first three months of the year, its first quarterly loss in more than five years. It became the first airline to report the financial blow caused by the outbreak of the coronavirus. 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%, and the amount that they paid to fly each of those miles fell by 13% as fares plunged at the end of the quarter. "The first quarter of 2020 has truly been like no other in our history," CEO Ed Bastian said in comments to investors. But the quarter was only the beginning of the problems for the carrier: Delta confirmed its previous warning that it expects revenue to be down 90% in the current quarter, and the airl
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DAL
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
- American Airlines Hopes New Airbus A321XLR Will Move It Closer To Delta [Forbes]Forbes
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