The coronavirus pandemic has quickly evolved from a health care crisis to a financial one, shuttering businesses, upending industries and sending financial markets reeling. Delta Airlines reported its first quarterly loss in eight years with passenger volumes for the airline dropping as much as 95%.
The coronavirus pandemic has quickly evolved from a health care crisis to a financial one, shuttering businesses, upending industries and sending financial markets reeling.
Delta CEO Ed Bastian told employees on Wednesday in an internal memo obtained by ABC News that moving forward Delta will be"a smaller airline" for some time and they should be prepared for a"choppy, sluggish recovery even after the virus is contained."Between April and June, Delta is reducing its flight schedule by about 85%.
"The initiative will support Florida produce farmers, southeastern dairy farmers and the growing number of families looking to Feeding America for fresh fruits, vegetables and milk during the coronavirus pandemic," the company said in a statement.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coronavirus economic updates: Rail volumes at a 10-year lowJUST IN: Delta Airlines reports its first quarterly loss in eight years—a net loss of $534 million in the first three months of 2020—with passenger volumes for the airline dropping as much as 95%.
Read more »
‘There’s nothing about this that makes sense’: Georgia Democrats rail against Kemp’s move to reopen stateThe WH coronavirus task force addressed Georgia Gov. Brian Kemp’s plans to begin reopening the state before the end of the week. Kemp is 'a very capable man, he knows what he's doing,' President Trump said, adding that he's scheduled to speak to Kemp soon
Read more »
Coronavirus economic updates: Rail volumes at a 10-year lowJUST IN: Delta Airlines reports its first quarterly loss in eight years—a net loss of $534 million in the first three months of 2020—with passenger volumes for the airline dropping as much as 95%.
Read more »
Call to prayer to be broadcast in Minneapolis neighborhood during RamadanMuslims in south Minneapolis will be able to maintain safe physical distance throughout Ramadan as the call to prayer will be broadcast by speaker five times each day.
Read more »
Virus caused U.S. fatalities earlier than previously thoughtOfficials in Silicon Valley have reported two virus-related deaths that predate a Washington state fatality previously believed to be the first victim of COVID-19 in the U.S.
Read more »
Coronavirus live updates: First U.S. death happened earlier than previously believedCoronavirus latest: • U.S. coronavirus cases top 800,000 • First U.S. virus death weeks earlier than originally believed • Senate passes $484B bill for small businesses, hospitals and testing
Read more »