Delta Air Lines passenger planes are seen parked due to flight reductions made to slow the spread of coronavirus disease (COVID-19), at Birmingham-Shuttlesworth International Airport in Birmingham, Alabama, U.S.
Elijah Nouvelage | Reuters
Delta Air Lines on Tuesday posted another multibillion-dollar net loss after the coronavirus pandemic roiled what is usually the peak travel period of the year. The carrier warned it could take years to recover.
Kicking off third-quarter reporting for the beleaguered airline sector, Delta said its net loss was $5.4 billion in the third quarter, compared with a profit of $1.5 billion in the year-earlier period. It said revenue dropped 76% from $12.56…
Source cnbc.com