What is the present business situation of Delta Airlines?
Answer:
The company and its subsidiaries filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code in September 2005. The company operates its business as debtor-in-possession. The stock trades under the symol DALRQ.pk at about $.70 (NOT a recommendation to buy it).
not good . They have fuel cost and labor issues galore . Their stock has been hammered and they may go into bankruptcy .
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