Delta&#39;s silver lining
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For many long years, business travelers and vacationers alike have taken to the road to avoid Delta&#39;s notoriously high fares at Cincinnati/Northern Kentucky International Airport. They&#39;ve added a trip to their trip, routinely driving to Dayton, ...
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Delta Air Lines has sealed a $1 billion-a-year pay cut deal from its pilots union, but the struggling airline still has a long road of cost-cutting ahead before it completely averts the threat of bankruptcy, analysts say.
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With a tentative deal to cut $1 billion in pilot costs, Delta Air Lines appears to have beaten back the threat of bankruptcy -- at least for now, analysts say.
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CHICAGO, Aug 18  - Delta Air Lines Chief Executive Gerald Grinstein presented his long-awaited plan for the airline&#39;s future to board members on Wednesday, a strategy that could determine whether the struggling carrier ...
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Airline warns it may file for bankruptcy if too many senior pilots take early retirement option. Delta Air LInes&#39; CEO says it faces bankruptcy if it can&#39;t slow the pace of pilots taking early retirement.
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Delta Air Lines' pilots union said last night it had reached a tentative pact on concessions that could save the struggling carrier from bankruptcy.
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Shares of Delta Airlines are taking off in record trading on the New York Stock Exchange Thursday morning, after the company and its pilots agreed to a deal the parties hope will signal a return to better times.
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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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News that Delta Air Lines Inc. cut its  fares by 50 percent on some flights may fuel a low-fare  revolution that could cripple or kill costlier carriers,  analysts said on Wednesday.
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Gerald Grinstein put bankrupt Delta Air Lines back in line to take on the leaders. His strategy: Be nice to your customers and employees.
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CHICAGO: Pilots at Delta Air Lines have ratified a concession package that will save the carrier $1bn a year, in a move the company hopes will buy it time to recast outside of bankruptcy.
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The chief executive of Delta Air Lines Inc. said Thursday a tentative pact the company has reached with its pilots for $1 billion in concessions doesn&#39;t mean the struggling carrier is out of the woods in terms of avoiding bankruptcy.
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United and US Airways -- in bankruptcy protection and Delta Air Lines creeping ever closer, passengers are increasingly worried about some fundamental issues
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With the misery that has plagued the airline industry recently, the last place you&#39;d expect to see some inspiring -- heck, potentially rule-breaking -- thinking would be from an airline entrepreneur.
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Retired pilots may fly planes for Delta Air Lines as part of an interim agreement as the pilots union seeks to head off Delta&#39;s potential bankruptcy deadline.
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ATLANTA -- The battered shares of Delta Air Lines Inc. surged nearly 9 percent yesterday after its pilots agreed to salary cuts to try to help the ailing carrier avoid bankruptcy, but their new contract offers no guarantees for the company's future.
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A tentative $1 billion agreement reached by Delta Air Lines and its pilots union late Wednesday seemed to come at a painful, but practical cost.