“Our December quarter results capped the toughest year in Delta’s history,” Delta CEO Ed Bastian said.
Last year's falloff erased two decades of passenger growth.
“Jacobson is an important hire for GM as it enters into new ventures and continues to restructure its business operations toward all-electric vehicles."
“We continue to believe that it will be more than two years before we see a sustainable recovery.”
The secondary offering “is a highly unusual move for an established company that is losing buckets of money and reporting steep declines in its revenue."
The $25 billion program is aimed at helping U.S. carriers weather the drastic drop in demand caused by the coronavirus crisis.
Other airlines also saw their shares decline amid fears of a global slowdown.
The International Trade Commission's ruling gives a surprise victory to Bombardier in a trade dispute with Boeing over its CSeries planes.
"We enter 2018 with significant momentum and every entity delivering positive passenger unit revenue for the first time in five years."
“The third quarter presented unprecedented weather challenges for JetBlue," impacting both revenue and operating income.
The increase in the airline's passenger unit revenue for the second quarter broke a two-and-half-year losing streak.
The airline forecasts passenger unit revenue will range from flat to a 2% increase in the first quarter of 2017, ending two years of quarterly declines.
