Tag: airline industry

Industries, Others

Delta posts $1.2 billion Q3 profit, touts holiday bookings

October 13, 2021

Via: ABC News

Delta Air Lines posted a $1.2 billion profit for the third quarter on Wednesday, helped by the latest installment of federal pandemic aid for the airline industry, but warned that rising fuel prices will lead to a “modest” loss in […]

Industries, Others

Delta posts $5.4 billion loss in another brutal quarter for airline industry

October 13, 2020

Via: NBC News

Delta Air Lines reported a $5.4 billion net loss for the third quarter after the coronavirus pandemic roiled what is usually the peak travel period of the year. Delta’s revenue dropped by more than 75 percent from $12.56 billion a […]

Industries, Others

U.S. taxpayers set to be major investors in the struggling airline industry

April 21, 2020

Via: Market Watch

The U.S. taxpayer will be a major player in the struggling airline industry, as many carriers are set to receive government aid with conditions as they grapple with the fallout from the COVID-19 pandemic. The aid will help provide a […]