Delta Air Lines: 12 billion loss in the corona year

Airbus A220-300 (Photo: Airbus).
Airbus A220-300 (Photo: Airbus).

Delta Air Lines: 12 billion loss in the corona year

Airbus A220-300 (Photo: Airbus).
Advertising

The corona crisis colored the business figures of the US airline Delta in dark red last year. The bottom line is a billion-dollar loss of almost 10,2 billion euros. 

A year earlier, the world looked very different. At that time, business flourished and the airline made a profit of almost 3,9 billion euros, like Aero reported. But the corona crisis hit the aviation industry with full force this year. Delta boss Ed Bastian now hopes to bring the airline through the crisis with further government aid worth billions: "I am optimistic that it will be a year of recovery and a turning point." Last year, Delta's sales slumped nearly two-thirds to $ 17,1 billion. Air traffic had largely come to a standstill at times as a result of the corona pandemic. Even after that, the demand for flight tickets remained at a low level.

In the meantime, the top management has regained hope. She expects that demand for air travel will initially only recover unevenly at the beginning of the year and that bookings will remain rather weak. As soon as larger parts of the population are vaccinated, the offices reopen and consumer confidence grows, the management expects a sustained increase in demand. Until then, Delta like other airlines will have to hold out. At the end of December, Delta reportedly still had $ 16,7 billion in cash. Every day it loses $ 10 to 15 million. 

Leave a Comment

Your e-mail address will not be published. Required fields are marked with * marked

This website uses Akismet to reduce spam. Learn more about how your comment data is processed.

Editor of this article:

Granit Pireci is an editor at Aviation.Direct and specializes in aviation in Southeast Europe. Before that he worked for AviationNetOnline (formerly Austrian Aviation Net).
[ssba buttons]

Nobody likes paywalls
- not even Aviation.Direct!

Information should be free for everyone, but good journalism costs a lot of money.

If you enjoyed this article, you can check Aviation.Direct voluntary for a cup of coffee Coffee trail (for them it's free to use).

In doing so, you support the journalistic work of our independent specialist portal for aviation, travel and tourism with a focus on the DA-CH region voluntarily without a paywall requirement.

If you did not like the article, we look forward to your constructive criticism and / or your suggestions for improvement, either directly to the editor or to the team at with this link or alternatively via the comments.

Your
Aviation.Direct team
paywalls
nobody likes!

About the editor

Granit Pireci is an editor at Aviation.Direct and specializes in aviation in Southeast Europe. Before that he worked for AviationNetOnline (formerly Austrian Aviation Net).
[ssba buttons]

Nobody likes paywalls
- not even Aviation.Direct!

Information should be free for everyone, but good journalism costs a lot of money.

If you enjoyed this article, you can check Aviation.Direct voluntary for a cup of coffee Coffee trail (for them it's free to use).

In doing so, you support the journalistic work of our independent specialist portal for aviation, travel and tourism with a focus on the DA-CH region voluntarily without a paywall requirement.

If you did not like the article, we look forward to your constructive criticism and / or your suggestions for improvement, either directly to the editor or to the team at with this link or alternatively via the comments.

Your
Aviation.Direct team
paywalls
nobody likes!

Leave a Comment

Your e-mail address will not be published. Required fields are marked with * marked

This website uses Akismet to reduce spam. Learn more about how your comment data is processed.

Advertising