Delta Air Lines said this week it has "borrowed" its $1 billion revolving credit facility, which was made available to the carrier when it emerged from bankruptcy last year. It also extended its Visa/MasterCard processing agreement through the end of 2011. President and CFO Ed Bastian told employees in a memorandum that the moves will "strengthen Delta's financial position" and help smooth its planned merger with Northwest Airlines. He said DL had $3.7 billion in cash on hand at the end of ...

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