Delta Air Lines Posts a Larger Loss
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Delta Air Lines Inc. DAL.N on  Wednesday reported a wider quarterly loss on soaring fuel  prices and weak domestic airfares, and said time was running  short as it races to cut costs to avoid bankruptcy.
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Delta Air Lines late Wednesday revised its annual report to reflect its growing financial difficulties and the possibility of seeking bankruptcy protection &quot;in the near term.
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American Airlines parent AMR Corp.  on Wednesday reported a wider quarterly loss from a year ago as record-high fuel prices and stiff ticket-price competition stung the bottom line.
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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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Delta Air Lines revised its annual report yesterday to reflect its growing financial difficulties and the possibility of seeking bankruptcy protection &quot;in the near term.
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Delta Air Lines, 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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Financially troubled Delta Air Lines said Friday that it is burning through cash much faster than expected and its third-quarter loss will be far greater than expected.
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Delta Airlines, operating under Chapter 11 bankruptcy protection, sees fourth-quarter net loss widened by 60%.
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Cable operator Charter Communications Inc.  posted a wider quarterly loss on Wednesday as costs rose faster than sales and interest expenses increased.
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Delta Air Lines Inc. DAL.N on Friday  forecast a much wider third-quarter loss than Wall Street had  estimated because of weak domestic fares and a spike in fuel  costs, driven by record-high oil prices.
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Three of the nation&#39;s largest airlines have reported a combined 906-(m) million-dollars in third-quarter losses. The largest by far was at Atlanta-based Delta Air Lines -- where bankruptcy looms unless it
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Delta Air Lines (DAL:NYSE - news - research) appears to have given up on part of a debt exchange that is part of its restructuring plan.
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Delta Air Lines Inc. expects to report a much wider loss for the third quarter due to one-time charges, higher oil prices and a decline in its domestic passenger-mile yield, the airline said Friday.
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Continental Airlines Inc., the nation's fifth biggest carrier, reported a $206 million loss for the fourth quarter, citing continued high fuel costs, fare erosion from competitive pressures and what it called excessive government taxes and fees.
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The low-cost airline reported a loss of $79 million, hurt by soaring fuel costs that have battered the industry.
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In a filing to the Securities and Exchange Commission, Delta Air Lines warned Friday that next week&#39;s third quarter earnings report will include a bigger loss than it predicted earlier.
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Delta Air Lines Inc., struggling to avoid a bankruptcy filing, had a third-quarter net loss of $646 million because of a drop in US airfares, higher jet-fuel costs and flight disruptions from Florida hurricanes.