There’s no point in delving too deeply into the super obvious, which is that Delta Air Lines (NYSE:DAL) and industry peers have been hammered by the coronavirus. That goes for most of the travel and hospitality space as well. Even after its recent bounce, DAL stock is still 53% from its 52-week high.Source: NextNewMedia / Shutterstock.com At what point does all of this panic become an opportunity?For Delta and other airlines, that’s a very difficult question to answer because the situation continues to evolve. There are many unknowns and moving parts with the coronavirus and the airline sector.InvestorPlace – Stock Market News, Stock Advice & Trading Tips * 30 Stocks on a Deathwatch How will the former ultimately impact the economy? How will the latter look after federal aid relief? Airlines vs. CoronavirusIt’s not a secret to investors that the coronavirus has depressed global and domestic air travel.