Delta Air May File Bankruptcy Soon-Report
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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 DAL.N, still hoping  to avoid filing for bankruptcy, has completed about half its  planned restructuring, the Wall Street Journal reported on  Tuesday.
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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 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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Just four months after converting to a low-cost airline, FLYi Inc. faces potential bankruptcy as soon as January amid concerns over mounting oil prices and the deteriorating financial situation at Delta Air Lines Inc.
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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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DELTA Air Lines yesterday announced a massive restructuring plan that would cut 6000 to 7000 jobs and slash more costs, but nonetheless warned that bankruptcy remained &quot;a real possibility&quot;.
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Concern is mounting on Wall Street that Delta Air Lines is running out of cash and that bankruptcy reorganization may be inevitable even if its pilots give contract concessions soon.
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Delta Air Lines Inc. DAL.N said on  Monday it is meeting with bankruptcy lawyers to prepare in case  the carrier needs to file for bankruptcy protection, but added  that recent talks with pilots make it hopeful a pilot agreement  can be reached later this week.
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NEW YORK, Sept 13  - The bankruptcy filing of US Airways highlights the still-fragile condition of the US aviation industry three years after the September 11 attacks, with more turbulence looming, analysts say.
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ATLANTA -- Shares of Delta Air Lines Inc. fell Monday on the fear among some analysts that the struggling carrier will be forced into bankruptcy if it doesn&#39;t get significant wage concessions from its pilots in the next three weeks.
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NEW YORK  - Delta Air Lines appeared to have averted imminent bankruptcy with a cost-saving deal with its pilots union, but still faces challenges ahead, analysts said.
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Delta Air Lines may still face bankruptcy despite of tentative agreement with its pilots dated late Wednesday. Late Wednesday, Delta reached an agreement with its pilots to cut costs in order for the carrier to survive.
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Several analysts gave Delta Air Lines slim chances of averting bankruptcy after Cincinnati&#39;s dominant airline reported a whopping $646 million loss and an alarmingly low $1.
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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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It could be the supreme irony: Delta Air Lines, which incited controversy for creating bankruptcy-proof pensions for top executives in 2002, now says it may soon file for Chapter 11 protection because too many pilots are bailing out to save their own
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Shares of Delta Air Lines Inc. fell Monday on the fear among some analysts that the struggling carrier will be forced into bankruptcy if it doesn&#39;t get significant wage concessions from its pilots in the next three weeks.