Delta posts huge first-quarter loss on noncash charge, boosts merger synergies

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...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.