Delta reports massive 2008 loss, predicts 2009 rebound

Delta Air Lines reported a full-year 2008 net loss of $8.9 billion, a result that represented a major reversal from net income of $1.61 billion in 2007, attributing the huge deficit mostly to noncash charges related to goodwill impairment ($7.3 billion) and its acquisition of Northwest Airlines (...

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