Delta Air Lines said it expects to record a one-time noncash operating expense of approximately $950 million in the current quarter, which it said is "primarily associated with the issuance of equity awards to substantially all nonmanagement employees of Delta and [Northwest Airlines] in connection with the merger." DL also entered into an agreement with Citigroup Global Markets to sell up to 18.2 million shares of common stock at $0.0001 per share. It said proceeds will be used for "general ...

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