Delta Air Lines reported a $6.39 billion first-quarter net loss, dramatically widened from a $130 million loss in the year-ago period, owing mainly to a noncash goodwill impairment charge reflecting a decline in its market capitalization related to the sharp increase in fuel prices and the pending merger with Northwest Airlines. DL's net loss for the first quarter excluding special items was $274 million. Executives downplayed the heavy loss, noting that it was mainly the result of an ...

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