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 ...

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