Cash Burn Slowing To About US$40 Per Day By The End of June - Delta Airlines
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May 20, 2020 - by Tracy Rucinski for reuters.com
Top U.S. airlines and Air Canada (AC.TO) on Tuesday reported slower ticket cancellations and an improvement in bookings on some routes, though executives said overall demand remained weak and changes to travel rules may force new business models.
Pre-pandemic passenger levels will be slow to return, they said, depending on development of a vaccine and the broader re-opening of businesses, restaurants, hotels and theme parks....