Infrastructure

Airlines Lose Billions In Q1; Analysts Expect Recovery To Take Years

Delta Air Lines reported more than $600 million in losses in the first quarter of 2020, and United Airlines said it's losing $2.1 billion.

Airlines Lose Billions In Q1; Analysts Expect Recovery To Take Years
AP
SMS

As demand for air travel plummets amid the coronavirus pandemic, airlines are bleeding money. Analysts don't see a significant recovery in the near future, and total recovery is likely to take years.