Delta Lands Financing from Amex
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Desperately trying to stave off bankruptcy, Delta Air Lines state that it has received $600 million in financing from American Express Travel Related Services Co.
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Delta Air Lines announced two financing deals on Monday, but its most sought-after agreement, with its pilots&#39; union, remained elusive.
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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 $680 million worth of its  outstanding $2.6 billion of unsecured debt, asking holders to  submit tenders by Oct. 26.
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NEW YORK, Aug 18  - Delta Air Lines (DAL.N: Quote, Profile, Research) said on Wednesday that it was asking some of its bondholders for permission to buy back certain kinds of bonds, as the struggling airline seeks to restructure its business ...
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Pilots at Delta Air Lines Inc. (DAL.N: Quote, Profile, Research) 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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Logan International Airport can bring in other carriers to fill nine of the 25 slots at Delta Air Lines Inc.'s $500 million Terminal A, under the final terms of a US Bankruptcy Court deal.
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Shares of Delta Airlines are taking off in record trading on the New York Stock Exchange Thursday morning, after the company and its pilots agreed to a deal the parties hope will signal a return to better times.
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Credit card, Switch or Major Airline accepted 3 UK customers looking for alternative ways of paying their bills are in luck, as the firm's website is now accepting Delta as a payment option: the airline rather than Visa's debit system.â¦
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Delta Air Lines (DAL:NYSE - news - research) wants to give bondholders more time to think about trading in some $2.6 billion of unsecured debt for $680 million worth of new secured notes.
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Delta Air Lines pilots approved a contract with $1 billion in annual concessions sought by the airline, which had threatened to file for bankruptcy.
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Given the current economic climate, is AmEx about to charge it up?
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Transatlantic exchange NYSE Euronext   said on Thursday it agreed to acquire the American Stock Exchange (Amex) for $260 million in stock to boost its options business, exchange traded funds (ETFs) and cash products.
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As its pilots began voting on wage and other concessions, Delta Air Lines today announced $500 million in new financing from General Electric Commercial Finance.
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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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NEW YORK, Aug 19  - Delta Air Lines (DAL.N: Quote, Profile, Research) is taking steps toward restructuring at least some of its roughly $20 billion of total debt in a bid to avoid bankruptcy, but it will face an uphill battle, ...
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Delta Air Lines (nyse: DAL - news - people ) on Monday said it inked a commitment letter from General Electric&#39;s (nyse: GE - news - people ) GE Commercial Finance arm for $500 million of financing.
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Delta Air Lines Inc. has a tentative pilot deal on concessions and much-needed breathing room. But it has not detailed the progress of its key debt restructuring efforts.