Company Watch - Delta Air Lines.For more company news, data and analysis, please go to: http://www.airguideonline.com/professional.htm Jun 12, 2006 Delta Air Lines continued to expand its network yesterday with the launch of 23 new North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. routes that will serve 19 states and Canada and each of DL's major hubs. Six of seven new routes from Atlanta are operated by Atlantic Southeast Airlines For the defunct low-fare airline, see . Atlantic Southeast Airlines (ASA) is a fully certificated American airline based in Atlanta, Georgia, USA flying to 144 destinations as a Delta Connection carrier. It is a wholly owned subsidiary of SkyWest, Inc. , four of five from New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of JFK are flown by Comair and six of seven from Salt Lake City are handled by SkyWest. More routes will be inaugurated throughout the month. Jun 9, 2006 Delta Air Lines flew 9.52 billion system RPMs in May, a 9.7% decline from the year-ago month. Capacity fell 10% to 12.41 billion ASMs and load factor rose 0.4 point to 76.7%. Domestic traffic plunged 17.1% to 6.6 billion RPMs on an 18.1% reduction in capacity to 8.71 billion ASMs and load factor increased 0.9 point to 75.8%. International RPMs rose 13.6% to 2.91 billion as capacity climbed 17.3% to 3.7 billion ASMs and load factor slipped 2.6 points to 78.7%. Jun 9, 2006 Delta raises surcharges on trans-Atlantic flights: Delta Air Lines has boosted passenger surcharges on some trans-Atlantic flights by $10. The company hopes the move offsets rising fuel prices. Jun 9, 2006 Delta weighs terminating larger pension plan. Delta Air Lines will decide soon whether to terminate a pension plan covering current and retired ground workers and flight attendants. The airline has already indicated it will try to terminate the pilots' pension plan. Delta Chief Executive Gerald Grinstein Gerald Grinstein is the former CEO of Delta Air Lines, Inc. of Atlanta, Georgia, the world's second largest airline. Grinstein came to the position in 2004, after CEO Leo F. this week lobbied for pension reform legislation in Washington. Jun 9, 2006 Pension agency appeals approval of Delta pilot pact. The Pension Benefit Guaranty As a verb, to agree to be responsible for the payment of another's debt or the performance of another's duty, liability, or obligation if that person does not perform as he or she is legally obligated to do; to assume the responsibility of a guarantor; to warrant. Corp. has appealed a bankruptcy bankruptcy, in law, settlement of the liabilities of a person or organization wholly or partially unable to meet financial obligations. The purposes are to distribute, through a court-appointed receiver, the bankrupt's assets equitably among creditors and, in most judge's CERTIFICATE, JUDGE'S, English practice. The judge who tries the cause is authorized by several statutes in certain cases to certify, so as to decide when the party or parties shall or shall not be entitled to costs. approval of a new pilot contract at Delta Air Lines. The agency has questioned if the court may approve an agreement compensating employees for losses resulting from the underfunding of their pension plan. Jun 8, 2006 Judge denies motion for independent adviser in Delta case. A judge denied a motion to name an independent financial adviser to examine fees in Delta Air Lines' bankruptcy case because it would violate attorney-client privilege In the law of evidence, a client's privilege to refuse to disclose, and to prevent any other person from disclosing, confidential communications between the client and his or her attorney. . The U.S. Trustee Program made the motion. The judge approved $41 million in fees and expenses related to services by Delta's attorneys and advisers. Jun 6, 2006 Delta to close more reservation centers: Delta Air Lines will close two more reservation centers by Sept. 1 in a move to cut its real estate costs. The 650 affected workers may bid for jobs in other departments and locations, a spokesman said. Jun 5, 2006 Delta will ask to terminate pension plan, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. says. The chief executive of Delta Air Lines said the company will ask to terminate its pilots' pension plan "fairly soon." Gerald Grinstein said Delta does not plan to ask pilots for another pay cut. It will focus on becoming more efficient and improving revenue management. Jun 5, 2006 |
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