Delta Air Lines says its revenue came in 76% lower in the fiscal third quarter

Delta Air Lines (NYSE: DAL) said on Tuesday that it concluded the fiscal third quarter with £4.17 billion of loss attributed to the Coronavirus pandemic that brought the global air travel to a near halt this year. The company said that demand was starting to pick up but warned that recovery was going to be slow and it could take two years or even more before sales return to the pre-virus levels. Shares of the company tanked 2% in premarket trading on Tuesday and lost another 1% on market open. Delta Air Lines now has a per-share price of £24.56