Delta, American and Northwest Airlines Report Quarterly Losses
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By The Associated Press. Delta Air Lines, Northwest Airlines and the parent of American Airlines all reported losses yesterday. The largest loss by far was at Delta, where bankruptcy
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Delta Air Lines Inc  was dragged to a loss on Wednesday on soaring fuel prices, while Southwest Airlines Co  posted better-than-expected profit on its long-term fuel hedging.
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Delta Air Lines Inc. DAL.N on  Wednesday reported a wider quarterly loss on soaring fuel  prices and weak domestic airfares, and said time was running  short as it races to cut costs to avoid bankruptcy.
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Northwest Airlines lost $38 million in the third quarter, but the loss was significantly less than many analysts predicted and far less than the red ink spilling from some other major airlines.
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Northwest Airlines Corp. NWAC.O, the  No. 4 U.S. carrier, posted a wider quarterly loss on Wednesday  as high fuel prices and low revenue weakened the industry.
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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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ATLANTA -- Delta Air Lines Inc., which is operating under bankruptcy protection, reported Wednesday a wider fourth-quarter loss of nearly $2 billion because of hefty restructuring items.
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Northwest Airlines Corp. NWAC.O, the  No. 4 U.S. air carrier, on Wednesday posted a quarterly loss,  versus a year-ago profit, as high fuel prices and low fares  weighed on the industry.
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US Airways Group  posted a quarterly loss on Thursday, hurt by soaring fuel costs that have battered the airline industry.
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Continental Airlines Inc. reported a $16 million third-quarter loss on Tuesday, including $22 million in special charges related to retirement of leased MD-80 aircraft, and said it expects to report losses in 2004 and in 2005 unless conditions improve.
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Delta Air Lines Inc. DAL.N, which is  racing to cut costs to avoid bankruptcy, on Wednesday reported  a wider quarterly loss amid soaring fuel prices and weak  domestic airfares.
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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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UAL (UALAQ.OB:OTC BB - news - research) and US Airways (UAIRQ.OB:OTC BB - news - research) weighed in with hefty third-quarter losses Thursday as industry overcapacity and stratospheric fuel prices continued to generate red ink while the carriers operated
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Major US airlines yesterday reported heavy third quarter losses, under pressure from record fuel prices and fierce competition with budget carriers.
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Northwest, Continental, and Delta have a frequent flyer alliance. Too bad they're so stingy with their rewards.
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Delta Air Lines, which is struggling to avoid a bankruptcy filing, said yesterday that it expected to lose as much as $675 million for the third quarter and that it was using cash at a steep rate.
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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.