Delta Air Lines, Inc.

NYSE:DAL   3:59:59 PM EDT
30.63
-0.13 (-0.42%)
4:19:00 PM EDT: $30.68 +0.05 (+0.16%)
Debt Financing / Related, Layoffs, Other Pre-Announcement

Delta Air Lines Reports Qtrly Loss Per Share Of $8.47

Published: 10/13/2020 12:44 GMT
Delta Air Lines Inc (DAL) - Delta Air Lines - Qtrly Total Adjusted.
Revenue of $2.6 Billion Declined 79% on 63% Lower Capacity.
Delta Air Lines - Qtrly Loss per Share $8.47; Qtrly Adjusted Loss per Share $3.30.
Delta Air Lines - Ended Sept.
Quarter With $21.6 Billion in Liquidity.
Delta Air Lines - It May Be Two Years Or More Until Co Sees a Normalized Revenue Environment.
Delta Air Lines - Have Been Encouraged As More Customers Travel; Seeing a Path of Progressive Improvement in Revenue, Financial Results, Cash Burn.
Delta Air Lines - Qtrly Casm 33.40 Cents Versus 13.85 Cents; Qtrly Casm-ex 15.96 Cents Versus 10.15 Cents.
Delta Air Lines - Qtrly Rpms 11.55 Billion, Down 83%; Qtrly Asms 28.29 Billion, Down 63%; Qtrly Passenger Load Factor 41% Versus 88%.
Delta Air Lines – Qtrly Adjusted.
Pre-tax Loss of $2.6 Billion Excludes $4.0 Billion of Items Directly Related to Covid-19 Impact & Co’s Response.
Delta Air Lines - Qtrly Trasm 10.82 Cents Versus 16.58 Cents; Qtrly Adjusted.
Trasm 9.35 Cents Versus 16.51 Cents.
Delta Air Lines - Adjusted for Items, Qtrly Total Operating Expense Fell $5.5 Billion Or 52%.
Delta Air Lines - Qtrly Passenger Revenue Fell 83%; Qtrly Total Loyalty Revenue Fell 60%.
Q3 Earnings per Share View $-3.00, Revenue View $3.11 Billion -- Refinitiv Ibes Data (analyst estimates).
Delta Air Lines - Qtrly Total GAAP Operating Revenue $3.06 Billion, Down 75.6%.
Delta Air Lines - Qtrly Cash Burn Averaged $24 Million per Day, and $18 Million per Day for Sept.
Month.