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0.00107158165452201 0.00235747963994855 0.00660522931847405 0.005143591941706 -0.0147749678525503 -0.0173596228032577 -0.0304757822546079 -0.0244320617231033
Stock impact report

Delta shores up liquidity as coronavirus pummels demand, warns of smaller airline [Yahoo! Finance News]

Delta Air Lines, Inc. (DAL) 
Last delta air lines, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.delta.com
Delta Air LinesDAL)restrictions linked to the coronavirus pandemicDelta’s stock, traded on the New York Stock Exchange, rose modestly in pre-market action from Tuesday’s drop, trading above $23.Here were the main results from the report, compared to consensus estimates compiled by :In a stark memo to employees, CEO Ed Bastian warned that more pain was on the horizon.“The second quarter will be worse. The decline in travel has reduced our expected revenues for the period by $11 billion, or 90 percent, compared to a year ago,” Bastian said.He voiced confidence that people will begin to travel again, but cautioned that layoffs could be coming as Delta looks at shrinking its workforce.“We don’t know when it will happen, but we do know that Delta will be a smaller airline for some time, and we should be prepared for a choppy, sluggish recovery even after the virus is contained,” he added.With theCOVID-19 crisis gripping the worldDelta has also taken aggressive steps to conserve cash, endin Show less Read more
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