Delta Air Lines yesterday announced the imposition of a $50 fee for a second checked bag on international flights and the grounding of its 14 747-200 freighters, as well as 36 additional aircraft by year end, in response to a $794 million first-quarter loss, narrowed from a $6.39 billion deficit in the year-ago period when heavy goodwill impairment charges dragged on the bottom line. DL said the 2009 deficit mostly was attributable to $684 million "in realized fuel hedge losses" as the ...

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