Delta 4Q Loss Widens to $2.2 Billion
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Delta Air Lines Inc., which is transforming its business to reduce costs and attract more fliers, blamed high fuel prices, low fares and hefty charges as it reported a $2.2 billion fourth quarter loss that was much steeper than a year ago.
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Delta Air Lines Inc , the No. 3 U.S. carrier, on Wednesday posted a quarterly net loss on soaring fuel prices.
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Delta Air Lines Inc.  on Friday forecast a much wider third-quarter loss than Wall Street had estimated because of weak domestic fares and a spike in fuel costs, driven by record-high oil prices.
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Lower end of loss estimates upped to $4B; losses could reach $10B to make it 2nd most costly. By Chris Isidore, CNN/Money senior writer.
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Delta Air Lines  on Thursday said its fourth-quarter loss mushroomed as it struggled with high fuel prices and low fares, and analysts warned they see a wider loss in the first quarter of 2005.
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Delta Air Lines said today that it expected to lose as much as $675 million for the third quarter.
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Several analysts gave Delta Air Lines slim chances of averting bankruptcy after Cincinnati&#39;s dominant airline reported a whopping $646 million loss and an alarmingly low $1.
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Delta Air Lines Inc. , which aims to exit bankruptcy this spring, on Friday posted a narrower loss for January amid increased capacity and higher ticket prices.
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MCI Inc.&#39;s quarterly loss ballooned to $3.4 billion as the No. 2 US long-distance company wrote down the value of its assets due to a price war in long-distance services, MCI said on Thursday.
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ATLANTA - Delta Air Lines is reporting a much wider third-quarter loss despite a rise in revenue. The Atlanta-based airline warned Wednesday that its financial situation has worsened to the point that it needs
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Alaska Air Group , the parent of Alaska Airlines, on Friday said its quarterly loss widened as a result of charges for restructuring and hedging losses.
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Halliburton Co., the world&#39;s No. 2 oil field services company, posted a quarterly loss today as gains in its energy business were outweighed by $230 million in charges to fund its asbestos settlement.
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Bankrupt Delta Air Lines  said on Wednesday its fourth-quarter net loss widened by 60 percent, hurt by reorganization costs and special items.
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Delta Air Lines Inc., struggling to avoid a bankruptcy filing, had a third-quarter net loss of $646 million because of a drop in US airfares, higher jet-fuel costs and flight disruptions from Florida hurricanes.
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US Airways Group Inc. raised its offer for Delta Air Lines Inc. by 20 percent to $10.2 billion on Wednesday, as it seeks to put pressure on the bankrupt carrier's creditors to agree to a deal that Delta's management opposes
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Bankrupt Delta Air Lines  said on Wednesday its fourth-quarter net loss widened by 60 percent, hurt by a $2.5 billion charge for reorganization costs.
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Citing continued weakness in the semiconductor test equipment industry, LTX Corp. widened its fiscal second-quarter loss estimate and lowered its revenue guidance. The Westwood company said it now expects to report a second-quarter loss of 31 to 33 cents a share, excluding charges, greater than a loss of 26 to 28 cents that it projected in November. The supplier of ...