Delta Air Lines Reports Net Loss of $363 Million in First Quarter 2023
Company Generates $12.8 Billion in Operating Revenue
Delta Air Lines.Inc,(DAL) one of the world's largest airlines, announced its financial results for the first quarter of 2023. Despite facing ongoing challenges in the aviation industry, the company reported a net loss of $363 million for the quarter. However, Delta's operating revenue showed a positive trend, reaching $12.8 billion during the same period.
Net Loss of $363 Million
Delta Air Lines faced financial headwinds in the first quarter of 2023, reporting a net loss of $363 million. This loss can be attributed to various factors, including rising operating expenses and non-operating expenses. Although the loss is significant, the company remains committed to implementing strategies to mitigate the impact and navigate through the current industry challenges.
Operating Revenue Reaches $12.8 Billion
