Delta Air Lines faces another possible downgrade of its debt obligations after Standard & Poor's on Friday "revised the implications of its CreditWatch review of ratings on Delta to 'developing' from 'positive,'" citing liquidity concerns. According to S&P analyst Philip Baggaley, the change "reflects renewed pressure on Delta's liquidity from sharply higher fuel prices" that could add up to $1 billion to operating costs this year. The additional fuel expense may offset completely ...

Subscribe to Access this Entire Article

"Printer-friendly" 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?

Already registered? here.