Airlines shouldn’t rush to stop losing money

The financial results of US airlines are frightening. They should resist the temptation to improve them too quickly.

On Tuesday, Delta Air Lines, the first major US carrier to report the numbers, announced adjusted losses of $ 4.43 per share in the second quarter when the blockades went into effect. This was below analysts’ already gloomy expectations of $ 4.16, beating the company’s nearly immaculate record of pending consensus forecasts.

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