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Delta Airlines expects worst losses

USA - Losses indicated between 350 and 380 USDm

The Atlanta-based carrier Delta Airlines made a forecast for more losses than expected in a filing with the Securities and Exchange Commission. According to the document, it expects to lose between USD$350 million and USD$380 million in the March quarter. Last week Delta was the first of the US majors to announce it was cutting travel agent commissions in an effort to save costs. It has...

AVIONEWS - World Aeronautical Press Agency - 25457
Rome, Italy, 03/22/2002 10:57
AVIONEWS - World Aeronautical Press Agency

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