Struggling airline will cut system capacity next year on waning demand.
Results 1 - 10 of 39 for "DELTA"
Filed under: Delta Air Lines (DAL)Delta may still be ready when you are, but in 2009 they're not going to be as big. Citing the global recession, Delta (NYSE: DAL) announced that it will cut an additional 6-8% of capacity in 2009. The move will result in an up to 10% reduction in domestic capacity, when one includes the impact of previously-announced operational cuts. Delta also said it will el...
CHICAGO (Reuters) - Delta Air Lines , which bought a rival carrier, downsized and cut 2,000 jobs this year, said on Tuesday it would trim 6 percent to 8 percent of its capacity in 2009 as travel demand wanes.
Delta Air Lines Inc. hinted Tuesday that more job cuts could be on the way as it disclosed that it will reduce consolidated system ...
CHICAGO (Reuters) - Delta Air Lines will cut its systemwide capacity by 6 percent to 8 percent in 2009 because of weaker travel demand, the world's largest carrier said on Tuesday.
5 stocks with super yields, 7 price tags that are falling & 10 investing winners in 2008 - Today in Money 12/2
Tue, Dec 2, 9:09 AM ET
Filed under: General Electric (GE), Ford Motor (F), General Motors (GM), Diageo plc (DEO), Money and Finance Today, Sears Holdings (SHLD), Goldman Sachs Group (GS), Mattel, Inc (MAT), Staples Inc (SPLS)In the News: · Stocks Look to Rebound From Monday's Huge Drop · Big 3 Automakers Head Back to Washington to Ask Congress for Money · GM Looking to Rid Itself of Brands Like S...
With oil prices dropping, the cost of jet fuel is down by more than 50%. That makes the rush to merge airlines which accelerated earlier this year look like an idea whose time came and then went. Given the costs and risks of a consolidation, the endless lines of angry customers, the strikes by unions, and the broken computer systems, Delta (DAL) may rue the decision to buy Northwest. Now anothe...
ATLANTA (AP) -- Delta Air Lines Inc. hinted Tuesday that more job cuts could be on the way as it disclosed that it will reduce consolidated system capacity by 6 percent to 8 percent in 2009, compared to the current year....
Stocks in the news: C, YHOO, MSFT, GM, BA, DAL, RYAAY, AIG, WMT, JNJ ... (update)
Mon, Dec 1, 8:16 AM ET
Filed under: Deals, Microsoft (MSFT), Yahoo! (YHOO), Apple Inc (AAPL), Wal-Mart (WMT), General Motors (GM), Citigroup Inc. (C), Target Corp. (TGT), Johnson and Johnson (JNJ), Best Buy (BBY), Boeing Co (BA), Sears Holdings (SHLD), Amer Intl Group (AIG), Delta Air Lines (DAL)Citigroup Inc. (NYSE: C) plans to sell its Japanese trust banking unit NikkoCiti Trust and Banking for about 40 billion yen...
According to Reuters, US car sales are expected to be down sharply for November. Reuters reports that the global recession is hurting Asian factories. Reuters reports that the GM (GM) board is reviewing the firm's turnaround plan. Reuters writes that credit card companies will cut available lines of credit by $2 trillion over the next 18 months. Reuters reports that holiday sales rates may be w...