Delta Proposal Could Signal Shift in Pricing
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Airline's planned overhaul of its fare structure could trigger the biggest shift in ticket pricing since Congress deregulated the industry in 1978.
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Management changes might make this a good value play.
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Delta Air Lines  said on Friday it had raised fares systemwide by $5 each way to help offset high fuel costs.
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Delta Air Lines&#39; decision to reduce fares out of Cincinnati/Northern Kentucky International Airport is good news for the region, but the key will be whether the airline is committed to sustaining the reasonable rates.
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By capping fares and simplifying prices, Delta Air Lines provoked a price war this week, as it became the first big airline to join forces with low-fare players.
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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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Delta Air Lines Inc., struggling to cut costs to avert bankruptcy, said on Thursday it was amending its offer to exchange up to &#36;680 million worth of its outstanding &#36;2.6 billion of unsecured debt, asking holders to submit tenders by Oct. 26.
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Concern is mounting on Wall Street that Delta Air Lines is running out of cash and that bankruptcy reorganization may be inevitable even if its pilots give contract concessions soon.
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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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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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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.'s tentative deal with pilots for $1 billion in concessions gives the nation's third-largest carrier much-needed breathing room. But its crucial debt restructuring efforts remain a work in progress, and Delta's chief executive cautioned yesterday that bankruptcy remains a possibility.
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ATLANTA - Delta Air Lines Inc. has a tentative deal on pilot concessions and much-needed breathing room, but uncertainty about the carrier&#39;s debt restructuring remains.
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Pilots at Delta Air Lines Inc. DAL.N  on Thursday ratified a concession package that will save the  carrier $1 billion a year, in a move the company hopes will buy  it time to restructure outside of bankruptcy.
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A new acquisition may lead to differentiation.
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NEW YORK : Standard and Poor&#39;s downgraded the credit rating of US carrier Delta Air Lines, which had already been considered vulnerable to default.
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Facing continued top-line weakness, the company may have to cut costs.