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It could take three years for Delta Air Lines to return to where it was financially before Covid-19, according to CEO Ed Bastian.
In the airline’s Q1 earnings call Wednesday, Bastian said that given “the combined effects of the pandemic and the associated financial impact on the global economy, we believe it could be up to three years before we see a sustainable recovery.”
Although it wasn’t a total surprise, given the fallout in the airline industry since travel restrictions went into place in March, Delta announced that it was expecting to see revenue fall 90% in Q2.
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