Delta warns second-quarter revenue to fall $10 billion because of coronavirus

Delta’s first Airbus A350 in Atlanta.

Leslie Josephs | CNBC

Delta Air Lines CEO warned Friday that the airline’s second-quarter revenue will be down 80% — or $10 billion — from the same quarter a year ago because of coronavirus.

Executives say demand has collapsed because of the illness, forcing them to encourage workers to take unpaid leave. The carriers are on edge and are betting on a government bailout to help soften the blow of the disease’s impact on their business. 

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