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Delta Air Lines said it lost $466 million in the first quarter, its largest loss since the months immediately after the 2001 terrorist attacks.
The Atlanta based airline also said it expects a substantially larger second-quarter loss than a year ago, citing higher fuel prices and lingering travel slump due to the war in Iraq. However, the second-quarter deficit should be smaller than the loss just reported.
Thanks
Thomas_Cook_757-200
Source - Reuters News Agency
Delta Air Lines said it lost $466 million in the first quarter, its largest loss since the months immediately after the 2001 terrorist attacks.
The Atlanta based airline also said it expects a substantially larger second-quarter loss than a year ago, citing higher fuel prices and lingering travel slump due to the war in Iraq. However, the second-quarter deficit should be smaller than the loss just reported.
Thanks
Thomas_Cook_757-200
Source - Reuters News Agency
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