Delta Air expects to have $10 billion in cash, cash equivalents by end-2020

(Reuters) – U.S. carrier Delta Air Lines said on Wednesday it expects to have $10 billion in cash, cash equivalents, short-term investments and borrowing capacity by year-end.

The airline also estimated second-quarter revenue would plunge by 90%, compared with a year earlier. (https://bit.ly/3cRnTmX)

(Reporting by Sanjana Shivdas in Bengaluru; Editing by Aditya Soni)