Delta Auditor Concerned About Airline
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Delta Air Lines DAL.N said on  Wednesday its auditors had expressed concern about the  airline's financial viability.
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Delta Air Lines&#39; plan to restructure some of its debt outside of bankruptcy has raised concerns among credit analysts who believe the move could be tantamount to defaulting on the money the struggling carrier owes.
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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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Independent auditors for Delta Air Lines have questioned the ability of the No. 3 airline&#39;s ability to continue as a &quot;going concern.
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Delta Air Lines has warned repeatedly that a bankruptcy filing could come within weeks if settlements aren&#39;t reached soon with its pilot union and its debt holders.
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Washington, Oct. 24 (PTI): Delta Airlines, Americaâs third largest airline, could file for bankruptcy protection as soon as next week.
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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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No. 3 airline says loss to be worse than forecasts; gives new warning of bankruptcy threat. NEW YORK  - Delta Air Lines Inc.
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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. expects to report a much wider loss for the third quarter due to one-time charges, higher oil prices and a decline in its domestic passenger-mile yield, the airline said Friday.
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An operational meltdown at a Delta Air Lines Inc. regional affiliate is prompting calls for both a federal investigation and more investment by the nationâs airlines into backup systems and other technologies.
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Disagreement regarding passenger data could ground thousands of flights.
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Indianapolis, Sept. 8 - The news hit an already suffering industry hard. Delta Airline&#39;s restructuring calls for a reduction of ten percent of its workforce, or about 7,000 people.
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It could be the supreme irony: Delta Air Lines, which incited controversy for creating bankruptcy-proof pensions for top executives in 2002, now says it may soon file for Chapter 11 protection because too many pilots are bailing out to save their own
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The airlines had a rough holiday weekend, coping with winter storms, computer crashes, and staff shortages, and now they&#39;re facing the fallout, including a federal investigation.
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In a filing to the Securities and Exchange Commission, Delta Air Lines warned Friday that next week&#39;s third quarter earnings report will include a bigger loss than it predicted earlier.
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Delta Air Lines could seek bankruptcy protection as soon as next week, unless it reaches a deal with its pilots' union and makes significant progress in restructuring its debt.