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Delta Delays Pilot Furloughs for One Month

Delta Delays Pilot Furloughs for One Month

Delta Air Lines (NYSE: DAL) will delay a decision on whether to furlough pilots until at least Nov. 1, allowing time for the industry and its workers to lobby for additional government assistance. Airlines including Delta have been hit hard by the coronavirus pandemic, which has caused second-quarter revenue to fall 80% year over year. With the deadline fast approaching, Delta and other airlines are making plans to trim their payrolls in October.