Delta seeks permission to buy back certain bonds
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NEW YORK, Aug 18  - Delta Air Lines (DAL.N: Quote, Profile, Research) said on Wednesday that it was asking some of its bondholders for permission to buy back certain kinds of bonds, as the struggling airline seeks to restructure its business ...
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Logan International Airport can bring in other carriers to fill nine of the 25 slots at Delta Air Lines Inc.'s $500 million Terminal A, under the final terms of a US Bankruptcy Court deal.
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Delta Air Lines announced two financing deals on Monday, but its most sought-after agreement, with its pilots&#39; union, remained elusive.
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Delta Air Lines (DAL:NYSE - news - research) wants to give bondholders more time to think about trading in some $2.6 billion of unsecured debt for $680 million worth of new secured notes.
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Delta Air Lines is to issue millions of new shares without shareholder consent as part of moves to ensure its survival.
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US Airways Group Inc.  said on Thursday it made a presentation to the management of bankrupt Delta Air Lines Inc.  and its creditor committee on its $8.5 billion offer to buy Delta.
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Delta Air Lines Inc. (DAL.N: Quote, Profile, Research) suffered a setback this week when a committee of creditors scotched one of the company&#39;s early debt renegotiation
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Delta Air Lines Inc. DAL.N on Friday  said a group of bond holders refused to change the terms of  their securities, adding to the headwinds the airline faces as  it struggles to avoid bankruptcy.
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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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Some bondholders of Delta Air Lines Inc.  have begun organizing an informal group to support US Airways Group Inc.'s  $8.78 billion takeover offer for the bankrupt carrier, a source close to the matter said on Wednesday.
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US Airways Group on Friday asked other unions to follow the pilots in accepting rollbacks as the airline struggles under bankruptcy.
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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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Investors poured back into equities on Thursday, hoping a rescue plan for ailing bond issuers would stem credit losses, while allegations of a massive trade fraud at Societe Generale added to financial sector woes.
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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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Georgia&#39;s homegrown Delta Air Lines has scratched and clawed for three years now, trying to gain every concession it deemed necessary to avoid filing bankruptcy.
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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. hit a selfimposed deadline Tuesday for some of its debtholders to respond early to an exchange offer meant to give the carrier breathing room as it seeks to avoid bankruptcy.