Delta Air Lines Slashes U.S. Fares -Analyst
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Delta Air Lines Inc., the No. 3 U.S.  carrier struggling to avoid bankruptcy, has slashed its U.S.  fares, an industry analyst said, in a move industry watchers  fear could trigger a price war.
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Delta cuts premium fares by as much as 50%. Can any of this lead to profits for investors?
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Delta Air Lines Inc. DAL.N on Tuesday  said it will reduce executive and employee pay by 10 percent  starting in January and its CEO will go unpaid for the rest of  the year as it tries to cut costs to avert bankruptcy.
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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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Delta leads price-cutting, while judges OK labor cutbacks for other old carriers. Is 2005 the year of the shakeout?
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Delta Air Lines Inc. DAL.N on Friday  forecast a much wider third-quarter loss than Wall Street had  estimated, citing weak domestic fares and a spike in fuel  costs, sending its shares down nearly 6 percent.
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Delta Air Lines Inc. said it will cut pay 10 percent for executives and most other employees to help reduce costs as the company tries to avoid filing for bankruptcy protection.
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Delta Air Lines Inc.  on Wednesday cut its fares by up to 50 percent for travel in the continental United States, prompting fears of a new fare war and sending airline shares sharply lower.
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Delta Air Lines Inc. (DAL.N: Quote, Profile, Research) on Tuesday said it will reduce executive and employee pay by 10 percent starting in January and its CEO will go unpaid for
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ATLANTA - Delta Air Lines Inc.&#39;s chief executive said Tuesday he is giving up his six-figure salary for the rest of the year as he detailed a 10 percent pay cut that will affect senior officials, administrative staff and ticket and gate agents.
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American Airlines  on Thursday said it has broadly matched Delta Air Lines's  new fare structure, reducing its highest fares and lowering fares for last-minute travel in thousands of U.S. markets.
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Delta Air Lines pilots have agreed to slash their salaries by nearly a third and forgo pay raises for five years to help the struggling airline avoid bankruptcy, their union announced Thursday.
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Delta Air Lines Inc. said Wednesday it saw record sales on its Web site the day after it announced it was cutting its most expensive fares by up to half, but the struggling carrier did not reveal the effect of the move on overall revenues and earnings.
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A broad-based fare increase, initiated last week by Delta Air Lines Inc.  and matched by U.S. rivals, has unraveled, prompting experts to say on Monday that the chances for further fare hikes are fading.
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Delta Air Lines Inc. said it will cut pay 10 percent for executives and most other employees and raise their health-care payments to help reduce costs and avoid filing for bankruptcy protection.
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Delta Air Lines Inc., the No. 3 U.S. carrier which has been restructuring in efforts to avoid a bankruptcy filing, is expected to slash fares and remove restrictive rules such as Saturday-night stays, Time magazine reported in its online edition on Sunday.
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Delta Air Lines is to cut wages by 10 percent and its chief executive will go unpaid for the rest of the year, but it still warned of bankruptcy within weeks unless more cuts are made.