Market Updates
Delta Reports Quarterly Loss and Guides Profitable June Quarter
Barry Adams
13 Apr, 2022
New York City
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Delta Air Lines revenues declined 11% to $9.4 billion in the quarter ending in March and net loss was $940 million compared to $730 million a year ago. In the quarter, the airline lost $1.48 a share compare to profit of $1.09. The airlines said it turned to profitability in March and guided higher revenues in June quarter approaching at least 93% of revenues two years ago.
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