• ITVI.USA
    15,606.440
    28.530
    0.2%
  • OTRI.USA
    22.780
    0.250
    1.1%
  • OTVI.USA
    15,605.300
    19.710
    0.1%
  • TLT.USA
    2.780
    0.010
    0.4%
  • TSTOPVRPM.ATLPHL
    3.390
    -0.060
    -1.7%
  • TSTOPVRPM.CHIATL
    2.840
    -0.080
    -2.7%
  • TSTOPVRPM.DALLAX
    1.510
    -0.070
    -4.4%
  • TSTOPVRPM.LAXDAL
    3.290
    0.080
    2.5%
  • TSTOPVRPM.PHLCHI
    1.980
    -0.060
    -2.9%
  • TSTOPVRPM.LAXSEA
    3.900
    0.100
    2.6%
  • WAIT.USA
    124.000
    -3.000
    -2.4%
  • ITVI.USA
    15,606.440
    28.530
    0.2%
  • OTRI.USA
    22.780
    0.250
    1.1%
  • OTVI.USA
    15,605.300
    19.710
    0.1%
  • TLT.USA
    2.780
    0.010
    0.4%
  • TSTOPVRPM.ATLPHL
    3.390
    -0.060
    -1.7%
  • TSTOPVRPM.CHIATL
    2.840
    -0.080
    -2.7%
  • TSTOPVRPM.DALLAX
    1.510
    -0.070
    -4.4%
  • TSTOPVRPM.LAXDAL
    3.290
    0.080
    2.5%
  • TSTOPVRPM.PHLCHI
    1.980
    -0.060
    -2.9%
  • TSTOPVRPM.LAXSEA
    3.900
    0.100
    2.6%
  • WAIT.USA
    124.000
    -3.000
    -2.4%
Air CargoAmerican ShipperCompany earningsNews

Delta reports $9B drop in Q3 revenue

Delta Air Lines (NYSE:DAL) reported quarterly losses of $3.30 per share, which missed the analyst consensus estimate of $3 by 10%. This is a 242% decrease over earnings of $2.32 per share from the same period last year.

The company reported quarterly sales of $3.1 billion. This is a 76% decrease over sales of $12.6 billion in the same period last year due to the coronavirus killing off significant travel demand.

Shares of Delta fell 2.9% in premarket trading after the company reported Q3 results.

We are glad you’re enjoying the content

Sign up for a free FreightWaves account today for unlimited access to all of our latest content

By signing in for the first time, I give consent for FreightWaves to send me event updates and news. I can unsubscribe from these emails at any time. For more information please see our Privacy Policy.