[ad_1]
Delta Air Lines expects its second-quarter revenue to fall by USD 10 billion, representing an 80% reduction compared with a year earlier, the company said, as the coronavirus hurts travel demand. To beef up its cash position during the crisis, the airline has entered into a USD 2.6 billion secured credit facility and was drawing […]
The post Ed Bastian memo: Securing Delta’s position during coronavirus crisis appeared first on Travel Daily.
[ad_2]
Source link