Delta Dodges Bankruptcy Bullet
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A tentative $1 billion agreement reached by Delta Air Lines and its pilots union late Wednesday seemed to come at a painful, but practical cost.
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Delta Air Lines Inc., the third- largest US carrier, may avert a bankruptcy filing after winning agreement on wage and benefit concessions from its pilots union as part of an effort to reduce costs after losses widened.
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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 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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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.&#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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Delta Air Lines Inc. DAL.N 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 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. took a giant step away from bankruptcy with a tentative agreement on contract concessions from its pilots. But details on the proposal reached Wednesday were withheld while it was reviewed
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Delta Air Lines Inc. said Monday it has obtained up to $600 million in new financing as the struggling carrier seeks to avoid bankruptcy.
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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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Delta Air Lines (DAL.N: Quote, Profile, Research) said on Wednesday it was revising its last annual report to reflect its worsening financial condition and to include the possibility of filing for bankruptcy protection.
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Delta Air Lines presented its own plan today to emerge from bankruptcy as a free-standing airline in the spring.
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A U.S. bankruptcy court on Wednesday allowed Delta Air Lines Inc.  to begin seeking creditor approval for its reorganization plan, bringing the No. 3 U.S. carrier a big step closer to exiting bankruptcy this spring.
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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.
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Shares of Delta Air Lines Inc. DAL.N  jumped 21 percent on Tuesday, as Wall Street analysts said the  possibility of a near-term bankruptcy diminished with the  carrier securing additional financing and intensifying  concession talks with its pilots.
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Delta Air Lines Inc. said yesterday it has obtained up to $600 million in new financing as it seeks to avoid bankruptcy. Delta shares surged on the news, climbing 54 cents, or 16.