Delta, Northwest file for Chapter 11 bankruptcy

[browski]

Two more US airlines feeling the pinch - joining United and US Airways.

http://www.smh.com.au/news/business...r-11-bankruptcy/2005/09/15/1126750059429.html

Fuel prices? Competition?

 

[QF WP]

* 4 years of losses from both since 9/11
* higher fuel costs creating lower profits
* Hurricane Katrina exacerbating low load factors
* Labour troubles

Wonder how similar/dissimilar the SMH story is to the likely original source

Also, for program FF's - a must read is Inside Flyer's article

 

[icarus]

This is sad. I love Delta. I travel to the US twice a year to visit my sister in SLC, which is its hub, so Delta flights are particularly convenient for me (I try to visit a few more cities while I'm there).

Delta's comfortable and the service is pretty good by US domestic standards. I hope it pulls through.