Delta warns of need to 'resize' after big loss on virus shutdowns

AFP

2020/04/23 | 530 words | LE JOURNAL DE L'AVIATION | AIR TRANSPORT
Delta warns of need to 'resize' after big loss on virus shutdowns © Le Journal de l'Aviation - All rights reserved

Delta Air Lines will need to "resize" the company in the wake of the coronavirus crisis, executives said Wednesday, as they sketched out a picture of airline industry recovery that is expected to be slow and choppy.The carrier, the first of the giant US airlines to report results for the quarter ending March 31, suffered its first quarterly loss in nearly a decade as the government-mandated shutdowns to contain the deadly outbreak devastated the global travel business.The message from Chief ...(…)

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