Delta lost 12.385 million in 2020.

The US airline Delta Air Lines lost $12.385 billion in 2020 due to the consequences of the pandemic, compared to earnings of $4.767 billion in 2019.

See also: Delta recognized as one of the ‘Best Companies to Work For’ for fifth year.

Adjusted losses, which exclude losses due primarily to the pandemic, were $6.839 billion, compared with a $4.776 billion profit in 2019, reported EuropaPress.

See also: The DC-7B makes its Delta Flight Museum debut.

Operating profit was 17,095 million dollars, 63% less than a year before, while expenses were reduced by 26.7%, to 29,564 million dollars.

To face the crisis, the American company adopted a series of measures to protect its financial situation, such as reducing operating expenses by up to 50% during the third quarter, withdrawing 227 aircraft from its fleet and a government loan of $5.6 billion.

Related Topics