Delta posts $12 billion loss in 2020, gives cautious first-quarter outlook

Delta Air Lines closed the books on a disastrous 2020 with a comparatively small fourth-quarter loss, and executives expect a few more rocky months before - they hope - widespread coronavirus vaccinations and testing might salvage something of the upcoming summer travel season. Delta on Thursday reported a USD 755 million quarterly loss and a USD 12.4 billion loss for the entire year.