Delta Air Lines Reports $5.7B Loss In 2nd Quarter Due To COVID-19

Delta Air Lines Reports $5.7B Loss In 2nd Quarter Due To COVID-19

Assessment

Interactive Video

Architecture

University

Hard

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The video discusses the severe impact of the COVID-19 pandemic on Delta Airlines, highlighting a $5.7 billion loss due to a 93% drop in passengers. This marks Delta's worst financial loss since the 2008 Great Recession. In response, Delta has reduced flights and implemented passenger spacing measures. Despite financial challenges, Delta aims to avoid layoffs, with many employees opting for exit deals or unpaid leave. CEO Ed Bastian anticipates a recovery period of over two years.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the financial loss reported by Delta Airlines from April to June?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How much did Delta Airlines reduce its number of flights in August?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures is Delta Airlines taking to ensure passenger safety during the pandemic?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How many employees have reportedly signed up for exit deals at Delta Airlines?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the estimated time for Delta Airlines to recover from its financial losses?

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