Airlines say ticket cancellations slowing; Delta sees cash flow break-even this year

spike

(Reuters) – Top U.S. airlines and Air Canada (AC.TO) on Tuesday reported slower ticket cancellations and signs of improving demand, with Delta Air Lines Inc (DAL.N) saying its cash flow was on track to reach break-even by the end of the year.

Air travelers wear face masks waiting to board a Southwest Airlines flight as the spread of coronavirus disease (COVID-19) continues, at Oakland International airport in Oakland, California, U.S., April 9, 2020. REUTERS/Shannon Stapleton

U.S. airlines shares rose on the news.

Still, Delta CFO Paul Jacobson warned that it will be tough to rebuild demand

Read More