June 10, 2020 / 12:49 PM / 24 days ago

Delta Air expects to have $10 bln in cash, cash equivalents by end-2020

June 10 (Reuters) - U.S. carrier Delta Air Lines said on Wednesday it expects to have $10 billion in cash, cash equivalents, short-term investments and borrowing capacity by year-end.

The airline also estimated second-quarter revenue would plunge by 90%, compared with a year earlier. (bit.ly/3cRnTmX) (Reporting by Sanjana Shivdas in Bengaluru; Editing by Aditya Soni)

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