Delta&#39;s downsizing rallies competitors
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Delta Air Lines&#39; jolting move Wednesday to shut down its hub at Dallas-Fort Worth International Airport will result in fewer flight options for travelers while aiding its competitors.
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Delta Air Lines DAL.N, which has  narrowly avoided bankruptcy in the past few months, on Thursday  said its fourth-quarter loss mushroomed as it struggled with  high fuel prices and low fares stemming from tough competition.
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A pay cut deal between Delta Air Lines and its pilots union didn&#39;t materialize Tuesday, though investors apparently think the airline&#39;s chances of sidestepping bankruptcy are improving.
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NEW YORK, USA  - Delta Air Lines announced an aggressive restructuring plan yesterday that would cut 6,000 to 7,000 jobs and slash costs, while warning that bankruptcy remains &quot;a real possibility&quot;.
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Delta Air Lines Inc. (DAL), which is racing to cut costs to avoid bankruptcy, on Wednesday reported a wider quarterly loss amid soaring fuel prices and weak domestic airfares.
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Delta Air Lines Inc. DAL.N, fighting  to avoid bankruptcy, will issue up to 75 million shares to  employees and creditors. The news sparked a 5 percent drop its  stock on Wednesday.
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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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Delta Air Lines Inc., struggling to avoid bankruptcy, has hired an international marketing firm to help reshape its image. Terms of the deal between Atlanta-based Delta and New York-based Ogilvy &amp; Mather Worldwide were not disclosed Wednesday.
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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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Delta Air Lines Inc.&#39;s plans to eliminate its hub at Dallas-Fort Worth International Airport and redistribute its aircraft among its other hubs cities provides the other hubs some short-term benefits, but heightens some long-term credit concerns
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Two retired executives from Delta Air Lines&#39; glory days endorsed current management&#39;s turnaround plans as the carrier tries this week to win deep concessions from pilots and creditors.
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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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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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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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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. , which aims to exit bankruptcy this spring, on Friday posted a narrower loss for January amid increased capacity and higher ticket prices.
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Delta Air Lines&#39; decision to reduce fares out of Cincinnati/Northern Kentucky International Airport is good news for the region, but the key will be whether the airline is committed to sustaining the reasonable rates.