DELTA AIR LINES
DELTA AIR LINES expects year-over-year revenue for 2Q20 to drop 90% on 85% lower capacity; its average daily cash outflow will fall to $40m by June 30 (and to $0 by Dec 31) from $100m on March 31 due to >50% reduction in operating expenses. It expects to end 2Q20 with $14b in cash, cash equivalents...
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