Delta Air Lines Lost $200 Million During Government Shutdown But FAA Warns More Losses May Be Looming

Delta Air Lines recently reported a massive $200 million loss tied to the longest government shutdown in U.S. history. Delta's CEO Ed Bastian disclosed the financial hit early on Dec. 3 at the Morgan Stanley Global Consumer & Retail Conference . But more losses are looming after the Federal Aviation Administration (FAA) notified major carriers, including Delta, about an investigation into their compliance with the flight reductions during the shutdown.

On Dec. 1, the FAA announced that it had warned the airlines of steep "civil fines" for each flight that violated the Emergency Order or defied the mandated flight cuts during that period . Here is a closer look at these significant penalties and Delta Air's being "high impact" in this latest FAA probe.

Delta's $200 Million Shutdown Lo