|Bid||46.96 x 1000|
|Ask||46.95 x 800|
|Day's Range||46.64 - 48.71|
|52 Week Range||22.47 - 58.83|
|Beta (5Y Monthly)||1.23|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 03, 2020|
|1y Target Est||N/A|
The U.S. Treasury Department on Friday began distributing $15 billion in new payroll assistance to airlines approved by Congress under similar conditions to an earlier round of aid. Delta Air Lines said it expects to receive $2.9 billion, with $830 million in the form of an unsecured loan. Major airlines must also issue warrants to the government as part of the assistance.
Delta and United will prohibit passengers flying to Washington D.C. from checking weapons.
Delta Air Lines reported mixed Q4 results and gave weak Q1 guidance, but sees a turnaround on its cash burn by the spring.