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The Internet home of Delta Northwest file for bankruptcy Spike in jet fuel sparks filings putting almost half of U S airline capacity in Chapter September AM EDT By Chris Isidore CNN Money senior writer Read the documents Video High fuel prices trigger a pair of airlines to seek bankruptcy protection CNN's Chris Huntington reports NEW YORK The airline industry's five year financial crisis came to a head Wednesday evening as Delta Air Lines and Northwest Airlines two of the nation's largest carriers both filed for bankruptcy Delta the nation's No airline filed first Northwest the No carrier followed within minutes Both cited the recent spike in jet fuel costs which have soared nearly percent since June as prime reasons for seeking protection from creditors under Chapter of federal bankruptcy laws This is a coincidence but what a coincidence said industry consultant Michael Boyd This is another Most carriers adjusted to that but now we have another that's called fuel And we have another half of a called pensions The problem is there is so much competition out there that fares get driven into the cellar he added All this does
You are here Elsewhere on the Web Most Popular Related Sites Delta Airlines Files For Chapter BankruptcyFrom Your Guide to FREE Newsletter Delta Airlines has unveiled for their airline attendants which were designed by prominent New York City fashion designer Tyler The most striking is a red wrap around dress for female staff members Look for them on flights beginning in spring of Delta Airlines the struggling Atlanta based airline has filed for Chapter bankruptcy protection in a move that analysts have been predicting for over a year How will this move to reorganize Delta Airlines affect Atlanta and of which almost of the airport's passengers are processed through Delta or its affiliates? In the short term little should change for consumers flying Delta Filing Chapter allows the airline protection from creditors but it doesn't mean the airline is completely shutting down Flights will continues as normal though in the future non profitable routes may be pared down in a cost saving move Delta employees will continue to work and be paid as normal for now so don't expect a disruption in service in the near future The long term impact of Delta's inability to avoid Chapter bankruptcy filing remain
Delta Air Lines From Wikipedia the free encyclopedia Jump to Delta Air Lines DL DAL Delta Founded SkyMiles Crown Room Club Fleet size Destinations Headquarters Key people Edward Bastian Website Delta Air Lines DL DAL and Delta is a major headquartered in that operates an expansive domestic and international network spanning the and the Delta lands in over destinations in countries across continents Delta has a larger route network than any airline in the world and is the only major U S carrier that flies to Africa Delta operates at and ; Delta's Atlanta hub is the largest busiest airline hub in the world Delta also has large domestic operations in many other cities including and Delta is the leading carrier in and carries more passengers across the Atlantic than any other carrier worldwide Its major transatlantic gateways are Atlanta Cincinnati and New York JFK Its major Latin American gateways are Atlanta and its rapidly developing mini hub in In terms of passengers carried Delta is the second largest airline in the world In terms of revenue passenger miles Delta Air Lines is the third largest airline after American Airlines and United Airlines In terms of total operating revenues Delta
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