Delta returns to profitability



The company earned $194 million in the quarter, adjusted for special items. That’s down from $1.5 billion it earned in the quarter in 2019, the year before pandemic uprooted air travel around the globe.

But last quarter was much better than the losses it and other airlines have reported since the start of 2020. Delta’s (DAL) operating losses have totaled $9.8 billion heading into this quarter.

The company reported a net income in the second quarter but that was primarily due to a final infusion of government support it and other airlines received in the quarter.



[ad_3]

Leave a Reply

Your email address will not be published. Required fields are marked *