Delta Air Lines has just become the first major US airline to report its second quarter earnings, and goodness is it rough… as you’d expect.
In this post:
- Delta Air Lines reports $7 billion loss
- Delta’s second quarter cash burn
- Delta saw a 93% drop in passengers
- Delta had over $2 billion in write-downs from partners
- Delta reveals more fleet retirement plans
(TC post information thanks to “One Mile At A Time” daily industry newsletter from The Points Guy)