Delta Air Lines has profit before charges
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| Posted
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Wed, 16 Jul 2008 12:09:46 GMT |
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Reuters |
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US (Business) |
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NEW YORK (Reuters) - Delta Air Lines Inc on Wednesday reported a quarterly loss after special charges, as the airline industry continues to struggle with sky-high fuel prices, but it made money before the charges.Delta, which has agreed to buy Northwest Airlines Corp , reported a second-quarter net loss, including the charges, of $1 billion, or $2.64 per share. Delta emerged from bankruptcy at the end of April 2007.But excluding special charges, Delta said it earned $137 million, or 35 cents per share.(Reporting by Mark McSherry, editing by Gerald E. McCormick) (c) Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.
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