Delta to file for $12 bln reorganization: paper
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Delta Air Lines Inc., working to beat back an $8.4 billion merger bid from US Airways Group Inc., is expected as soon as Tuesday to file a sweeping bankruptcy reorganization plan, The Wall Street Journal said on its Web site, citing people familiar with the matter.
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Delta Air Lines Inc. is axing up to 7,000 jobs, shedding its Dallas hub and will have to file for bankruptcy if it can&#39;t get a grip on a growing number of early pilot retirements by the end of September, the
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Delta Air Lines Inc. has reached a  tentative contract with its pilots in a move that could stave  off a bankruptcy filing, sending its shares up 24 percent in  premarket trading on the INET electronic brokerage system.
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Delta Air Lines Inc. hit a selfimposed deadline Tuesday for some of its debtholders to respond early to an exchange offer meant to give the carrier breathing room as it seeks to avoid bankruptcy.
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Delta Air Lines Inc  plans on  Friday to ask its board permission to begin formal merger talks  with both Northwest Airlines Corp  and United Airlines  parent UAL Corp , the Wall Street Journal reported on  Thursday.
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Delta Air Lines Inc.  said on Wednesday its net loss widened due to reorganization costs, but reported its first full-year operating profit since 2000, and said it was on track to exit bankruptcy protection this spring.
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Delta Air Lines Inc. said Wednesday that it revised its 2003 annual report to disclose the possibility that the company will file for Chapter 11 bankruptcy protection in the near term.
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Delta Air Lines Inc. could file for Chapter 11 bankruptcy protection as soon as next week, a source familiar with the matter said yesterday.
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Delta Air Lines Inc. could file for Chapter 11 bankruptcy protection as soon as next week, a source familiar with the matter said.
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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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Delta Air Lines Inc. said Friday it is extending the offer to exchange up to $680 million in three series of newly issued senior secured notes to the holders of $2.6 billion of outstanding unsecured debt securities and enhanced pass through certificates.
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Delta said it would cut 12 percent of its work force and that a bankruptcy filing was "a real possibility."
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Delta Air Lines said it would cut 12 percent of its work force and said a bankruptcy filing was a real possibility."
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Delta Air Lines Inc. (DAL.N: Quote, Profile, Research) could file for Chapter 11 bankruptcy protection as soon as next week, the Washington Post reported in its Saturday edition, citing an unnamed source familiar with the situation.
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Delta Air Lines Inc. formally rejected a bid by smaller rival US Airways Group Inc.  on Tuesday and filed its own long-awaited plan to emerge from bankruptcy that would value the carrier at up to $12 billion.
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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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Bankrupt Delta Air Lines   said on Wednesday its fourth-quarter net loss widened by 60  percent, hurt by reorganization costs and special items.