Uncertainty still reigns at Delta
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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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Key elements of Delta Air Lines Inc.'s broad turnaround plan will take months if not years to implement, suggesting the struggling carrier is setting itself up for how it will survive after a likely Chapter 11 filing, industry observers and legal experts said yesterday.
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After US Airways, it now appears to be the turn of Delta Airlines. The Atlanta-based carrier has announced that its independent auditor has raised doubts about its financial viability and a revised annual
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By James Johnston  The future of TS Kellington still hangs in the balance more than six months after concerns were first raised about its safety.
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Delta Air Lines Inc.&#39;s outside auditors question the carrier&#39;s ability to continue as a viable business as it tries to avoid filing for bankruptcy protection.
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Merger talks between United Airlines  and Continental Airlines Inc  have picked up pace, but a deal still hinges on the outcome of discussions between Delta Air Lines  and Northwest Airlines Corp , people briefed on the situation said on Friday.
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Delta Air Lines&#39; CEO is cautioning that a tentative pact reached with pilots for a billion dollars in concessions doesn&#39;t guarantee the struggling carrier has avoided a possible bankruptcy filing.
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Business News, NEW YORK, A computer glitch at Delta Air Lines Inc.&#39;s regional carrier Comair that stranded thousands of travelers over the Christmas weekend was largely due to a system that was old and operating beyond capacity, a source familiar with the
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A broad-based fare increase, initiated last week by Delta Air Lines Inc. and matched by US rivals, has unraveled, prompting expectations yesterday that the chances for further fare hikes are fading.
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The company's latest earnings met analysts' estimates but uncertainty still lingers.
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The $1 billion in labor cost savings Delta Air Lines wrested from its pilots after asking for givebacks for three years finally start to accumulate this week, but some pilots won&#39;t be around for the belt-tightening.
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The chief executive of Delta Air Lines told a U.S. senator on Tuesday there is no merger agreement yet with Northwest Airlines, but the two sides are continuing to work toward a deal.
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Delta Air Lines and its pilots union recessed today without reaching an agreement on pay cuts that are key to the carrier&#39;s efforts to avoid bankruptcy.
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Delta Air Lines Inc. Chief Executive Gerald Grinstein yesterday said that even if the carrier's pilots approve a $1 billion cost-cutting agreement, the airline may still have to seek Chapter 11 bankruptcy protection.
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ATLANTA - Delta Air Lines is reporting a much wider third-quarter loss despite a rise in revenue. The Atlanta-based airline warned Wednesday that its financial situation has worsened to the point that it needs
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By Dan Walters, The Sacramento Bee, Calif.  Jun. 19--A few months after he assumed the governorship in 1999, Gray Davis put forth an oh-so-cautious "preferred alternative" for dealing with the complex problems of the Sacramento-San Joaquin Delta.
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Delta Air Lines (DAL.N: Quote, Profile, Research) said on Wednesday its auditors have expressed doubt about the airline&#39;s financial viability.