This article from NYTimes.com has been sent to you by psa188@xxxxxxxxx /-------------------- advertisement -----------------------\ FOR YOUR CONSIDERATION: IN AMERICA - IN THEATRES NOVEMBER 26 Fox Searchlight Pictures proudly presents IN AMERICA directed by Academy Award(R) Nominee Jim Sheridan (My Left Foot and In The Name of the Father). IN AMERICA stars Samantha Morton, Paddy Considine and Djimon Hounsou. For more info: http://www.foxsearchlight.com/inamerica \----------------------------------------------------------/ Delta Cuts Its Quarterly Net Loss in Half October 15, 2003 By Reuters Delta Air Lines Inc. said yesterday that it cut its quarterly net loss in half as revenue firmed on a slight improvement in summer travel demand and lower costs. The airline also said it would sell some aircraft and delay delivery of others to cut expenses further, but analysts said the picture at Delta was not likely to improve drastically unless it extracted wage cuts from its pilots. Delta posted a third-quarter net loss of $164 million, or $1.36 a share, compared with a net loss of $326 million, or $2.67 a share, a year earlier. Delta had a quarterly loss before unusual items of $172 million, or $1.43 a share. Its revenue grew slightly to $3.44 billion from $3.42 billion. Delta expects to report another loss for the fourth quarter. Michele Burns, Delta's chief financial officer, forecast a loss of $225 million to $275 million, including a $26 million charge for selling aircraft. To cut annual capital spending by $500 million through 2005, Delta agreed to sell 11 Boeing 737-800 airplanes to be delivered that year, along with its option to buy 10 more aircraft scheduled for later delivery. Delta will also defer delivery of eight 737-800 aircraft until 2008. The airline changed its flight attendants' work rules last week, to save $40 million a year, and it will meet again with unionized pilots Friday, though not to negotiate. http://www.nytimes.com/2003/10/15/business/15air.html?ex=1067222120&ei=1&en=ee06b31aee27d5d9 --------------------------------- Get Home Delivery of The New York Times Newspaper. Imagine reading The New York Times any time & anywhere you like! Leisurely catch up on events & expand your horizons. Enjoy now for 50% off Home Delivery! Click here: http://www.nytimes.com/ads/nytcirc/index.html HOW TO ADVERTISE --------------------------------- For information on advertising in e-mail newsletters or other creative advertising opportunities with The New York Times on the Web, please contact onlinesales@xxxxxxxxxxx or visit our online media kit at http://www.nytimes.com/adinfo For general information about NYTimes.com, write to help@xxxxxxxxxxxx Copyright 2003 The New York Times Company