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Delta: the rating of the American carrier has been lowered from "overweight" to "neutral"

Rome, Italy - The JP Morgan Bank reduces its valuation for the investitors

All will depend from the agreement that the management of the American air company will reach shortly with the union of the pilots. An accord with this category would bring in the cash department a saving of about USD 850m, but the real problem is the agreement with the other workers' categories of the airline, agreements more problematic regarding that one with the pilots.

fra/pec - 100357
Rome, Italy, 07/20/2004 17:16
AVIONEWS - World Aeronautical Press Agency

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