Delta’s loss narrows in November to $49 million
- Share via
From the Associated Press
Delta Air Lines Inc. reported that its loss narrowed last month to $49 million, which analysts said might bode well for the nation’s third-largest carrier to fly solo when it emerges from bankruptcy.
The news comes as the Atlanta-based airline is trying to fend off a hostile takeover bid from Tempe, Ariz.-based US Airways Group Inc.
The November figure compares with a $181-million loss the company posted for the same month a year earlier.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.