dogfighter2111
Posts: 1867
Joined: Tue Nov 09, 2004 3:02 am

Delta Report Loss Of Over $1 Billion

Fri Nov 11, 2005 9:00 am

Hey,

Looking throguh reuters i noticed in the business section that Delta has lost $1.1 billion in restructuring.

Read more: http://today.reuters.com/news/newsAr...UKOC_0_US-AIRLINES-DELTA-EARNS.xml

This is probably just a littel 'tiff', but is such a massive loss usual?

Thanks
Mike
 
deltagator
Posts: 6170
Joined: Fri Sep 23, 2005 9:56 am

RE: Delta Report Loss Of Over $1 Billion

Fri Nov 11, 2005 11:56 am

Quoting Dogfighter2111 (Thread starter):
This is probably just a littel 'tiff', but is such a massive loss usual?

Please tell me you're kidding or you just woke up from a Rip Van Winkle type nap.

Yes, Delta is bleeding cash left and right, quarter over quarter so unfortunately it has become usual for them to post these losses. Hopefully they will turn it around soon but who knows.
"If you can't delight in the misery of others then you don't deserve to be a college football fan."

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