Delta Lost Nearly $5.7 Billion in Q2 and Is Set to Reduce Flights Further

Grim but expected earnings show full force of the pandemic

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With a full look at the extent of the Covid-19 pandemic’s worst months, Delta lost an incredible 90% of its revenue. In an earnings report released this morning, the airline posted a loss of nearly $5.7 billion of income in the second quarter, compared to a profit of $1.4 billion last year.

“Given the combined effects of the pandemic and associated financial impact on the global economy, we continue to believe that it will be more than two years before we see a sustainable recovery,” said Delta CEO Ed Bastian.

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