Delta posts $2.2 bln net loss for second quarter

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Delta posts $2.2 bln net loss for second quarter
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DALRQ (Delta Air Lines Inc )
Last:$0.73
Change: -0.02 (-2.67%)
Revenue (ttm):$16,263.0M
EPS:-26.58
Market Cap:$134.19M
Time:3:59pm ET


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Stock Details
Company Profile
Analyst Research
Company News:
Delta posts $2.2 bln net loss for second quarter
Delta Air seeks to outsource some work to IBM
More Company News...
At the Helm:
Gerald Grinstein=20
Chief Executive Officer, Director=20

Salary: USD 431,250=20
Bonus: -=20
Age: 73=20

Mr. Grinstein has been Chief Executive Officer of Delta since 2004. Joined =
Delta's Board in 1987. Non-executive Chairman of the Board of Agilent... Fu=
ll Bio=20
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Full Management Team
Insider TradingEmail This Article | Print This Article | Reprints=20
[-] Text [+] NEW YORK, Aug 9 (Reuters) - Delta Air Lines Inc. (DALRQ.PK: Qu=
ote, Profile, Research) on Wednesday reported a wider quarterly loss as it =
paid out more than $2 billion in bankruptcy related costs.
Atlanta-based Delta, which has been reorganizing operations under bankruptc=
y protection since last September, reported a quarterly net loss of $2.2 bi=
llion, compared with a net loss of $382 million in the same quarter a year =
ago.
Excluding reorganization costs, it reported income of $175 million for the =
quarter, compared to a loss of $304 million on the same basis in the year-a=
go quarter.=20
=C2=A9 Reuters 2006. All Rights=20
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Roger & Amanda La France 

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