Delta Air Lines Inc: All Recent News

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Final Glance: Airlines companies 5:42 PM

NEW YORK (AP) - Shares of some top airlines companies were mixed at the close of trading:... Associated Press

3 airlines fined in Minnesota tarmac stranding 4:42 PM

WASHINGTON (AP) - The government is imposing fines for the first time against airlines for stranding passengers on an airport tarmac, the Transportation Department said Tuesday. Associated Press

Delta seeking to raise more than $688M in offering 4:05 PM

ATLANTA (AP) - Delta Air Lines Inc. is seeking to raise more than $688 million by selling notes backed by aircraft it owns. Associated Press

Sector Snap: Airlines mostly down on economic news 1:40 PM

NEW YORK (AP) - US Airways was the only airline stock in the green Tuesday, after the Phoenix-based airline said it will delay delivery of 54 Airbus jets until at least 2013 so it can hold on to more cash. Associated Press

Midday Glance: Airlines companies 1:04 PM

NEW YORK (AP) - Shares of some top airlines companies are mixed at noon:... Associated Press

U.S. Levies Fines Over Tarmac Delay 12:50 PM

... At Wall Street Journal

Japan Airlines to get $1.1 billion in bailout cash 10:18 AM

NEW YORK (MarketWatch) -- Japan Airlines Corp. will receive up to $1.1 billion in emergency loans from the state-run Development Bank of Japan, the Associated Press reported Tuesday, citing an unnamed source. The news service said the Japanese transport ministry authorized the loans after it was evident the carrier would have to ground flights otherwise. JAL booked $1.5 billion in losses in the first half of the fiscal year, and faces interest-bearing debt totaling nearly $10 billion. At MarketWatch

Early Glance: Airlines companies 10:17 AM

NEW YORK (AP) - Shares of some top airlines companies are mixed at 10 a.m.:... Associated Press

Airline stocks mixed; US Airways climbs 9:41 AM

NEW YORK (MarketWatch) - Airline stocks were mixed Tuesday morning with US Airways shares rising ahead of the group. At last check, the NYSE Arca Airline Index added less than 1% to 26.73 with six of its 13 components trading up. US Airways rose 3% to $3.19 after the carrier said it would defer aircraft deliveries and arranged new credit facilities to shore up is 2009 and 2010 balance sheets. Other legacy carriers posted small gains, with American parent AMR Corp. up 2 cents to $5.58 and Continental adding a nickel to $13.37. Declining were shares of Delta , Southwest and JetBlue... At MarketWatch

Ailing Japan Airlines to receive emergency loans 9:39 AM

TOKYO (AP) - Japan Airlines said Tuesday it obtained government approval to receive up to $1.1 billion in emergency loans aimed at preventing the money-losing company from grounding flights. Associated Press

Avondale slashes price targets for legacy airlines 8:07 AM

NEW YORK (MarketWatch) -- Equity research firm Avondale Partners lowered the price targets for airline stocks under its coverage on Tuesday, saying the weaker economy will restrict profit growth through 2010. "Lacking the earnings that were once anticipated with the major capacity reductions that were implemented, airline stocks will now likely trade parallel with expectations of economic strength," the firm said. Avondale cut its price target for American parent AMR Corp. to $12 from $32, Continental to $22 from $49, Delta to $13 from $20, United parent UAL Corp. to $13 from $50, and US... At MarketWatch

JAL exec proposes 50% employee pension cut: report 11/23/2009

TOKYO (MarketWatch) -- Japan Airlines Corp. may propose cuts to pension benefits in the latest move by the ailing carrier to raise capital. The airline's President Haruka Nishimatsu said Monday that he has proposed a 30% cut in pension benefits for retirees and a more-than-50% reduction for current employees, according to a Kyodo news report. Separately, Richard Anderson, chief executive of Delta Air Lines Inc. , told Dow Jones that the SkyTeam alliance of global carriers may consider a larger investment than its proposed $1.02 billion into Japan Airlines. At MarketWatch

Delta says SkyTeam could invest more in JAL: report 11/20/2009

NEW YORK (Reuters) - The chief executive of Delta Air Lines Inc says the SkyTeam alliance of global carriers would be willing to invest more than its proposed $1.02 billion in Japan Airlines , the Wall Street Journal reported. Thomson Reuters

Delta says SkyTeam could invest more in JAL - WSJ 11/20/2009

... At Thomson Reuters

FAA says equipment outage caused 819 flight delays 11/20/2009

WASHINGTON (AP) - The Federal Aviation Administration is blaming an equipment outage this week for delaying 819 flights. Associated Press

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