American Airlines, Delta Air Lines and US Airways each made moves in the financial markets over the past two days, indicating that confidence in the industry is starting to recover somewhat even if traffic and revenue continues to lag. On Tuesday, Delta announced a private offering of $500 million in aggregate principal amount of senior second lien notes due 2015. Yesterday, Dow Jones and Reuters reported that the amount was raised to $600 million, while the $500 million offering announced ...

Subscribe to Access this Entire Article

"American carriers raise funds" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.