Delta warns of need to 'resize' after big loss on virus shutdowns

Delta Air Lines will need to "resize" the company in the wake of the coronavirus crisis, executives said Wednesday, as they sketched out a picture of airline industry recovery that is expected to be slow and choppy. The message from Chief Executive Ed Bastian was grim. Delta lost $534 million in the first quarter, compared with profits of $730 million in the same period a year ago.

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