Delta Air to Issue More Shares
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Delta Air Lines, fighting to avoid bankruptcy, said yesterday that it had won approval to bypass shareholders to issue up to 75 million common shares.
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A merger between Delta Air Lines Inc  and Northwest Airlines Corp  could be announced in the next few weeks as Northwest pilots review details of a proposed deal, people briefed on the situation said on Monday.
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Delta Air Lines Inc., the third-largest carrier in the world, said Monday that it signed a commitment letter from GE Commercial Finance to provide $500 million of financing to the beleaguered airline.
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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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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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The other $500 million will be in the form of prepayment for SkyMiles, Delta&#39;s frequent flier points. American. Express issues a Delta credit card that awards SkyMiles.
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THE US Airways bid to acquire Delta Air Lines benefited investors throughout the airline sector Â except for Delta shareholders. Shares of US Airways and other major carriers leaped when the bid was announced, but DeltaÂs plunged after a small initial rally.
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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, and said it is
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ATLANTA -- Delta Air Lines Inc. said yesterday it has obtained up to $600 million in financing as the struggling carrier seeks to avoid bankruptcy.
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Shares of Delta Air Lines Inc. jumped  on Thursday after the company and its pilots union reached a  tentative contract that will save the cash-strapped carrier $1  billion a year.
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Delta Air Lines Inc. DAL.N has  reached a tentative contract with its pilots that will save the  cash-strapped airline $1 billion annually, sending its shares  soaring almost 25 percent on Thursday.
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Delta Air Lines Inc., the nation's third-largest carrier, said Tuesday it has obtained a commitment for $2.5 billion in exit financing as part of its plan to emerge from bankruptcy
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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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Bankrupt Delta Air Lines Inc.  said on Monday its creditors agreed to allow the carrier to give retired pilots an additional $719 million in pre-petition claims to help them recoup lost pension benefits.
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Delta Air Lines&#39; (DAL:NYSE - news - research) future cash needs are looking greater than previously thought. Delta said Monday it will need $135 million in liquidity in early 2006 beyond what it has already
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Shares of Delta Air Lines soared after the troubled airline said Monday it entered into a commitment letter with American Express Travel Related Services Co.
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Delta Air Lines Inc., the number three US carrier, said yesterday it has agreed to give its retired pilots an extra $719 million in unsecured claims in its bankruptcy case to help them recoup losses from the termination of the pilots' pension plan.