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May 12, 2005
Delta Airlines Warns Of Bankruptcy In SEC Filing
Anyone surprised?
Delta Airlines warned of possible bankruptcy filing and that it expects to record a substantial loss for the rest of the year. Bankruptcy will be necessary if Delta’s cash reserves fall too low or its lenders demand immediate payment of its debts. Delta blames high fuel and low ticket prices.
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Posted on May 12, 2005 01:31 AM by delta 129.
Filed in Travel Blog under delta airlines.
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