Delta Looks To Raise $3B Amid Coronavirus Crisis

aircraft
Delta Air Lines Airbus A350-900
Credit: Rob Finlayson
Delta Air Lines is looking to Wall Street for $3 billion in additional financing, in an attempt to bolster its cash reserves while revenues remain badly depressed by the COVID-19 pandemic. Atlanta-based Delta on April 23 announced plans to offer $1.5 billion in senior secured notes and enter into a...
Ben Goldstein

Based in Boston, Ben covers advanced air mobility and is managing editor of Aviation Week Network’s AAM Report.

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