UPDATE 2-Delta to reduce cash burn as it braces for sluggish recovery from pandemic [Reuters]
Delta Air Lines, Inc. (DAL)
Last delta air lines, inc. earnings: 4/22 07:00 am
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Source: Reuters
Delta posts quarterly loss and warns of choppy, sluggish recovery (Reuters) - Delta Air Lines Inc ( DAL.N ) reported on Wednesday its first quarterly loss in eight years as the coronavirus crisis devastates air travel demand, and warned that a recovery could take two to three years. “We should be prepared for a choppy, sluggish recovery even after the virus is contained,” Chief Executive Ed Bastian said in an employee memo on Wednesday. In a matter of months, U.S. airlines like Delta have gone from expansion to survival, searching for ways to raise and save as much cash as possible as flight cancellations started outnumbering new bookings around mid-March. By the end of the quarter, passenger volumes had dropped by as much as 95 percent. “This certainly isn’t the world we were expecting when the year began,” Bastian said. Atlanta-based Delta swung to a $534 million net loss in the first quarter that ended March 31, or a $0.84 loss per share, from a $730 million net profit a year ear
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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