DELTA

DELTA is projecting average daily cash burn of $12m-$14m in 1Q21, ending with liquidity of about $16.5b; it expects total revenue to be at lower end of prior guidance (down 60-65% year-over-year) and operating expenses at high end (down 35-40%).

Subscription Required

 

DELTA is part of our SpeedNews subscription.

Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.

Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.