06-13-2002, 07:19 PM
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Senior Member
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Join Date: Sep 2001
Location: IAH/HOU
Posts: 2,355
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Delta Air Lines Sees $170 Million Loss
Delta Air Lines Sees $170 Million Loss
Quote:
NEW YORK (Reuters) - Delta Air Lines Inc. (NYSE AL - News) expects to report a second-quarter loss of about $170 million excluding special items, much smaller than in the first quarter, but weak revenues industrywide remain a challenge, Chief Executive Leo Mullin said on Wednesday.
The projected loss for Atlanta-based Delta, the No. 3 U.S. carrier, falls roughly in line with current consensus estimates, Mullin said in a presentation that was Web cast. Delta reported a $397 million net loss in the first quarter.
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