Delta revises 2003 annual report
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Delta Air Lines said late Wednesday that 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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Corrects comparison year to 2005 instead of 2006 in paragraph 12
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Delta Air Lines, which is struggling to avoid a bankruptcy filing, said today that it expected to lose as much as $675 million for the third quarter, and that it was burning cash at a steep rate.
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Delta Air Lines pilots ratified $1 billion a year in pay cuts and other concessions that have become the linchpin of the company&#39;s efforts to keep from spiraling into bankruptcy.
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ATLANTA -- Delta's official creditors committee threw its support behind the bankrupt airline's standalone reorganization plan on Wednesday, a decision that prompted US Airways to drop its hostile $9.8 billion bid to buy Delta.
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Delta Air Lines Inc., the thirdlargest airline in the United States, reported on Wednesday a wider loss in the third quarter ending on September 30 despite a rise in revenue.
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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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Delta Air Lines&#39; much-awaited turnaround plan will include more job cuts at the ailing carrier, along with pay and benefits changes.
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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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Delta Air Lines Inc. revised its annual report yesterday to reflect its growing financial difficulties and the possibility of seeking bankruptcy protection &quot;in the near term.&quot;
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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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Saying that bankruptcy was &quot;a real possibility,&quot; Delta Air Lines yesterday announced a sweeping plan - including up to 7,000 job cuts - aimed at keeping one of the nation&#39;s oldest carriers
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Delta Air Lines Inc., the number three  U.S. carrier, plans more job cuts as it struggles to avoid  bankruptcy, Chief Executive Gerald Grinstein said in a memo to  employees on Wednesday.
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WASHINGTON (CBS.MW) -- Nortel Networks on Tuesday issued partly revised financial results back to 2001 and said 2004 sales are likely to fall short of the prior year&#39;s tally, partly because of the company&#39;s probe of accounting improprieties.
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NEW YORK - Recent reports on the Delta Air Lines pilots&#39; agreement focus on the carrier&#39;s pilots being the highest paid in the industry and on the possibility that the company may still declare bankruptcy, despite the $1 billion cost-cutting deal
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Delta Air Lines said on Monday it will need an additional USD$135 million in liquidity in early 2006 to meet the requirements of certain financing agreements.
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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