Delta Air Lines, Inc.

Justice Department Clears Way for Delta-Northwest Deal
Wall Street Journal, The | 34 days 1 hour 29 minutes ago
The U.S. Justice Department announced Wednesday that it won't block the planned merger of Delta Air Lines Inc. and Northwest Airlines Corp., a transaction that will create the world's largest airline by traffic.Antitrust clearance was the last hurdle for the merger to clear, allowing the two airlines to quickly close what essentially is Delta's acquisition of Northwest in an all-stock deal valued at about $3.1 billion at current Northwest share prices. The next step would be to put their mon...

What It Costs An Airline to Fly Your Luggage
Wall Street Journal, The | 7 days 18 hours 56 minutes ago
As you head off on your Thanksgiving travels this week and prepare to pay airline baggage fees, you may wonder what it actually costs the airline to fly your 40-pound suitcase.Based on our own estimate derived from consultations with industry executives and other sources, the cost to carry checked luggage comes to roughly $15 a bag. That, it turns out, is what most big airlines -- including AMR Corp.'s American Airlines and Continental Airlines Inc. -- are charging fliers to check their first...

Delta Air sees profit squeeze, leads sector lower
MarketWatch | 364 days 3 hours 35 minutes ago
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Oil Is Cheaper, But Airline Fees Are Here to Stay
Wall Street Journal, The | 77 days 20 hours 44 minutes ago
When oil was at $140 a barrel, Delta Air Lines Inc. slapped a "fuel surcharge" on frequent-flier reward tickets. American, United and US Airways began charging to check a single bag when oil was over $130 a barrel, each blaming fuel costs.

Delta Swings To 3Q Loss On Higher Fuel Costs >DAL
Wall Street Journal, The | 48 days 8 hours 31 minutes ago
Delta Air Lines Inc. (DAL) swung to a third-quarter net loss as high fuel prices continued to hurt the company. Delta, which would topple AMR Corp.'s (AMR) American Airlines from its perch as the world's largest airline with its proposed acquisition of Northwest Airlines Corp. (NWA), reported a net loss of $50 million, or 13 cents a share, compared with year-earlier net income of $220 million, or 56 cents a share.

High Fuel Prices Push Delta Into the Red
Wall Street Journal, The | 48 days 5 hours 58 minutes ago
Delta Air Lines Inc. swung to a third-quarter net loss as high fuel prices continued to hurt the carrier.Delta, which would topple AMR Corp.'s American Airlines from its perch as the world's largest airline with its proposed acquisition of Northwest Airlines Corp., reported a net loss of $50 million, or 13 cents a share, compared with net income of $220 million, or 56 cents a share, a year earlier.

Airlines Plot Latin America Course
Wall Street Journal, The | 27 days 21 hours 54 minutes ago
As fallout from this year's economic crisis has rippled across the globe, international air travel has shrunk everywhere except in one region: Latin America.Even as the region's stock markets and currencies tumbled into a tailspin this month and exports from Latin America began to slow, airlines have continued to perform well in the area. Growth in Latin America revenues for American Airlines and Continental Airlines Inc., two of the carriers with the greatest reach into the region, outpaced ...

US Justice Dept Allows Delta-Northwest Airlines Merger
Wall Street Journal, The | 34 days 1 hour 29 minutes ago
WASHINGTON (Dow Jones)--Antitrust regulators at the U.S. Department of Justice gave their approval Wednesday to the merger of Delta Air Lines Inc. (DAL) and Northwest Airlines Corp. (NWA), an announcement that removes the final hurdle for a deal that will form the world's biggest airline. The merger, announced in April and approved by shareholders last month, is expected to close by the end of the year.

Northwest Posts $317 Million Loss
Wall Street Journal, The | 41 days 7 hours 23 minutes ago
Northwest Airlines Corp. swung to a third-quarter net loss, becoming the latest airline to report a hefty expense for its fuel-hedging program. However, its revenue jumped.The airline, which plans to merge with Delta Air Lines Inc. by the end of the year, posted a net loss of $317 million, or $1.20 a share, compared with year-earlier net income of $244 million, or 93 cents a share. Excluding the hedging markdown, earnings were 35 cents a share.

Delta and Northwest agree to merge in $17.7 billion deal
MarketWatch | 231 days 18 hours 37 minutes ago
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