Delta’s $5.4 Billion Loss Underscores Airline Industry’s Painful Way Forward

[Sucker]

 

Delta Air Lines lost $5.4 billion in the three months through September, and its operating revenue plunged 79 percent from the year before, as the industry weathered a deep and sustained crisis caused by the coronavirus pandemic.

Air travel is down more than 60 percent, as of Monday. Airlines had hoped to secure a second round of federal stimulus aid last month, but despite bipartisan support, the effort fell through.

United Airlines is expected to report its quarterly performance later this week, with American Airlines and Southwest Airlines scheduled to follow suit next week.

[Pitta]

[Dabbakai]

if pandemic had not happened and they had posted profits they would buy back some shares and bump the shares to keep wallstreet happy

[tom bhayya]

Hungry some bread please antunna airlines 

[Sreeven]

Veellu loss antaru..airport lo janalu bagane vunnaru.

[Maryadaramanna]

5 minutes ago, Sreeven said:

Veellu loss antaru..airport lo janalu bagane vunnaru.

Oil ratelu kuda takkuva ga ne unnai 

[tom bhayya]

8 minutes ago, Sreeven said:

Veellu loss antaru..airport lo janalu bagane vunnaru.

Lot of countries not allowing passengers from America , domestic also running less than 50% of normal 

[Dabbakai]

21 minutes ago, Sreeven said:

Veellu loss antaru..airport lo janalu bagane vunnaru.

no man couple of weeks ago I traveled with not more than 20 passengers in the whole flight

[tom bhayya]

1 minute ago, Dabbakai said:

no man couple of weeks ago I traveled with not more than 20 passengers in the whole flight

united del to east coast flights aithey hardly 20- 30 people most of the days but US to Del are running full so thappadam ledhu vallaki