Delta Dodges Bankruptcy Bullet
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A tentative $1 billion agreement reached by Delta Air Lines and its pilots union late Wednesday seemed to come at a painful, but practical cost.
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Delta Air Lines Inc. (DAL.N: Quote, Profile, Research) could file for Chapter 11 bankruptcy protection as soon as next week, the Washington Post reported in its Saturday edition, citing an unnamed source familiar with the situation.
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The third-quarter losses loomed largest at Delta Air Lines Inc., which faces bankruptcy unless it can quickly win concessions from its pilots and debt holders.
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Delta Air Lines late Wednesday revised its annual report to reflect its growing financial difficulties and the possibility of seeking bankruptcy protection &quot;in the near term.
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A U.S. bankruptcy court on Wednesday  allowed Delta Air Lines Inc.  to begin seeking  creditor approval for its reorganization plan, bringing the No.  3 U.S. carrier a big step closer to exiting bankruptcy this  spring.
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Delta Air Lines Inc. revised its annual report yesterday to reflect its growing financial difficulties and the possibility of seeking bankruptcy protection &quot;in the near term.&quot;
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After 15 months of negotiations, Delta Air Lines Inc. has secured a tentative contract with its pilots, a move that might help the struggling carrier avoid a Chapter 11 bankruptcy filing.
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Troubled US carrier Delta Air Lines has reached an outline cost cutting agreement with its pilots, a deal that could save it from bankruptcy.
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NEW YORK, October 20  - Delta Air Lines (DAL.NYS) has inched further towards a potential bankruptcy, with the company&#39;s 3Q04 losses nearly quadrupling from the year-ago levels.
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Delta Air Lines Inc. has reached a  tentative contract with its pilots in a move that could stave  off a bankruptcy filing, sending its shares up 24 percent in  premarket trading on the INET electronic brokerage system.
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Struggling Delta Air Lines&#39; latest financials show its cash on hand has dipped below the point where some analysts say it must decide to file for bankruptcy.
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No. 3 US airline gets commitment from GE Commercial Finance as it looks to avoid bankruptcy. NEW YORK  - Delta Air Lines Inc.
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More job cuts are in store at Delta Air Lines as the struggling US carrier tries to avoid bankruptcy court.
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Delta Air Lines Inc. DAL.N could  file for Chapter 11 bankruptcy protection as soon as next week,  the Washington Post reported in its Saturday edition, citing an  unnamed source familiar with the situation.
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Delta Air Lines Inc. is on the brink of filing for bankruptcy, with the coming weeks critical. This weekend, the airline continues negotiations with its pilots union in Hollywood in order
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Delta Air Lines inched closer to bankruptcy Wednesday after posting a whopping third quarter loss. For Wall Street and security analysts, the mood is to prepare for bankruptcy, but at Delta, it&#39;s a different story.
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Atlanta-based Delta Airlines has narrowly escaped bankruptcy, reaching a tentative deal with its pilots union involving $1 billion in pay and benefits cuts.