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Stock impact report

Airlines pivot from passengers to cargo amid coronavirus crisis [Los Angeles Times (CA)]

Delta Air Lines, Inc. (DAL) 
Last delta air lines, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.delta.com
The coronavirus outbreak has pushed the airline industry into strange territory. For American Airlines, that means — for the first time in 36 years — flying two cargo-only flights from the U.S. to Germany. The two round-trip flights earlier this month of a Boeing 777-300 from Fort Worth to Frankfurt were a sign of desperate times for an industry that has seen passenger demand drop by up to 90% on some routes since the crisis began. American Airlines, the world’s largest carrier, isn’t the only airline trying to find new revenue streams. Other major operators, including Delta and United, have launched new cargo-only service while dramatically cutting domestic and international passenger flights. “Challenging times call for creative solutions, and a team of people across the airline has been working nonstop to arrange cargo-only flight options for our customers,” Rick Elieson, president of cargo for American Airlines, said in a statement. Southwest Airlines, the nation’s largest low-cos Show less Read more
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