Delta Air Lines expects to report a $1.5 billion net loss for 2009, compared to an $8.9 billion deficit in 2008 that largely was the result of goodwill impairment, and an operating profit of $100 million, it said yesterday in a presentation to investors. Excluding special items, the 2009 loss is expected to be $1.1 billion. It expects December passenger unit revenue to fall just 1% year-over-year to 10.8 cents. The largest decline was June's 23%. Next year's consolidated unit cost excluding ...

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