Delta (DL) in the news

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NM

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Lindsay Wilson said:
Delta Airlines, operating under Chapter 11 bankruptcy protection, has seen fourth-quarter net loss widen by 60%...

Also note they have ordered 30 and optioned a further 30 Bombardier CRJ900 jets with the approval of creditors and the bankruptcy court. Its interesting that they can find that sort of capital investment while still under Chapter 11.
 

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NM said:
Also note they have ordered 30 and optioned a further 30 Bombardier CRJ900 jets with the approval of creditors and the bankruptcy court. Its interesting that they can find that sort of capital investment while still under Chapter 11.

Ah yes NM, you are talking about this story:

Delta Air Lines Inc., the largest U.S. carrier in bankruptcy, plans to buy 30 Bombardier Inc. regional jets to feed its hub airports as it moves closer to exiting Chapter 11 protection...
 
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Lindsay Wilson said:
Ah yes NM, you are talking about this story:

Delta Air Lines Inc., the largest U.S. carrier in bankruptcy, plans to buy 30 Bombardier Inc. regional jets to feed its hub airports as it moves closer to exiting Chapter 11 protection...
Yes, that would be the one. I read about it elsewhere, but the same facts reported.
 

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Delta Air Lines has said that it should emerge from bankruptcy sooner than it expected, and would swing into operating profit this year...
 

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Delta Air Lines Inc. named Daniel Carp, the former chief executive officer of Eastman Kodak Co., to be chairman of a new board that will oversee the third- largest U.S. carrier when it leaves bankruptcy next month...
 

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Delta Air Lines, which expects to exit Chapter 11 bankruptcy protection by the end of this month, has managed to substantially cut its quarterly losses...
 

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Delta Air Lines emerged from bankruptcy early Monday as a leaner but still independent carrier after a 19-month reorganization that saw it fight off a $US10 billion hostile takeover...
 

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Delta Air Lines has said it hopes to cut at least 2,000 jobs through a voluntary redundancy programme as it battles high fuel prices....
 

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Delta Air Lines Inc. is cutting at least 1,000 more jobs than it previously planned because the number of employees who accepted voluntary severance offers exceeded the company's goal....
 
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