Due to the corona pandemic, the American Delta Air Lines is deep in the red. A loss of $ 2020 billion was written in the third quarter of 5,4. In the same period last year it was possible to communicate a profit of 1,5 billion euros.
Delta says the recent losses are not causing its financial position to be dire. In a statement, it was pointed out that as of September 30, 2020, the carrier had cash and cash equivalents of $ 21,6 billion. Incidentally, sales fell 76 percent to $ 3,1 billion.
The Delta management is acting cautiously, however, because negotiations are in progress with Airbus and other manufacturers which should lead to the later takeover of the commercial aircraft that have been ordered. This is expected to save $ 2022 billion in the short term and as much as $ 88 billion by 90. At the same time, older machine types such as the McDonnell Douglas MD-737 / MD-700, Boeing 777-2020 and Boeing 717 were sold. The Boeing 200s are also upset, because these are to be retired together with the Bombardier CRJ-767 and Boeing 300-717ER types in the next few years. Delta is currently the largest operator of the Boeing 95, which was still developed by McDonnell Douglas as the MD-717. In the last few years the operator really bought the world market empty and ensured that the second-hand market prices for the otherwise little-sought-after model rose sharply. The last European operator of the XNUMX is the Spanish low-cost airline Volotea.