Airlines Lose Billions In Q1; Analysts Expect Recovery To Take Years

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Airlines Lose Billions In Q1; Analysts Expect Recovery To Take Years
Delta Air Lines reported more than $600 million in losses in the first quarter of 2020, and United Airlines said it's losing $2.1 billion.
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As demand for air travel plummets amid the coronavirus pandemic, airlines are bleeding money. Analysts don't see a significant recovery in the near future, and total recovery is likely to take years.