With Delta and Northwest Quarterly Losses, All Five Major U.S. Carriers Start 2008 in the Red

High fuel prices are to blame for Delta Air Lines Inc.’s (DAL) and Northwest Airlines Corp.’s (NWA) first-quarter losses, the companies said separately. For the quarter, Delta posted a net loss of $274 million, or 69 cents per diluted share. Northwest, which Delta agreed to merge with a couple weeks ago, posted a $4.1 billion [...] SHARETHIS.addEntry({ title: "With Delta and Northwest Quarterly Losses, All Five Major U.S. Carriers Start 2008 in the Red", url: "http://jutiagroup.com/2008/04/24/with-delta-and-northwest-quarterly-losses-all-five-major-us-carriers-start-2008-in-the-red/" });