Delta to Issue 75 Million Shares
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No. 3 U.S. airline Delta Air Lines Inc.  DAL.N, fighting to avoid bankruptcy, on Wednesday said it  will sell up to 75 million common shares, sparking a 4 percent  drop its stock.
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The on-demand software provider NetSuite files for a $75 million IPO.
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Delta Air Lines Inc. said Monday that it has achieved $50 million of an estimated $135 million in additional liquidity that the company will need to meet financing commitments in early 2006
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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 Air Lines world headquarters in Atlanta is shown in this Sept. 8 file photo. In a filing with the Securities and Exchange Commission, the airline reported that it expects its quarterly report to be released
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Investors pulled back from shares of major air carriers Friday as concerns loomed that US Airways Group Inc. and Delta Air Lines Inc.
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If Delta Air Lines&#39; pilots approve contract concessions, they will be letting the company&#39;s regional subsidiaries and affiliates operate almost three times as many 70-seat regional jets as before.
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ATLANTA -- US Airways Group Inc. will pitch its $8.6 billion unsolicited offer for Delta Air Lines Inc. in a meeting this week with Delta and the committee representing the unsecured creditors in Delta's bankruptcy case, a lawyer for the committee said Tuesday.
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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, which is trying to avert a bankruptcy filing, said Monday that General Electric&#39;s commercial finance unit would provide it with $500 million of financing.
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Delta Air Lines  Inc.  may order as many as 125 Boeing Co.  787 jetliners by the end of this year, The Wall Street Journal Online reported on Tuesday, citing Delta's operating chief Jim Whitehurst.
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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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Air France-KLM Group ,  Europe's biggest airline, plans to invest in a combined Delta  Air Lines Inc  and Northwest Airlines Corp   carrier in exchange for a board seat, Bloomberg said on its  Website on Wednesday.
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ATLANTA Â Delta Air Lines, the nationâs No. 3 carrier, said Wednesday that it was hampered by high fuel prices in the fourth quarter but was able to narrow its loss because of a solid increase in sales.
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U.S. stocks to watch on Thursday:  DELTA AIR LINES DAL.N: The air carrier's pilots union said  late Wednesday it reached a tentative agreement with the  airline on cost savings.
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Delta Air Lines, in an effort to avoid filing for bankruptcy protection, is considering giving its pilots an equity stake in exchange for pay and benefit cuts, a Delta pilot spokeswoman said yesterday.
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Pilots at Delta Air Lines Inc. DAL.N  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.