Company Watch - Delta Air Lines.

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Delta is giving its terminal facilities at the airport a major makeover, expanding lobby space by 50 percent, adding 24 more self-service kiosks, redesigning gate seating, and introducing 14 additional full-service check-in positions. Why the need? Even though (or, perhaps especially because) it's in Chapter 11, the airline has got to keep frequent flyers loyal. Delta fields some 1,000 daily departures from ATL. May 12, 2006

Cincinnati airport expects slower growth. Service cuts by Delta Air Lines and DHL will slow growth at Cincinnati/Northern Kentucky International Airport, airport officials say. The airport had projected more than 670,000 takeoffs and landings by 2015, but now officials say it won't meet that number until 2025. May 11, 2006

Delta announces JFK expansion plans: Expanding on its plans to add a hub to New York's John F. Kennedy International Airport, Delta Air Lines will add 25 daily Delta Connection nonstop flights to 14 domestic destinations between July and October from JFK airport. Delta plans to offer more than 140 peak-day daily domestic departures from JFK by October, more than double the number it currently offers. May 12, 2006

Delta reports large Q1 loss. Delta Air Lines reported a first-quarter loss of $2.1 billion, including restructuring costs. Excluding restructuring costs, the carrier lost $356 million. Chief Executive Gerald Grinstein said the results were in line with expectations. May 12, 2006

Delta CEO expects more consolidation. Delta Air Lines CEO Gerald Grinstein expects more consolidation in the airline industry. Grinstein, speaking to tourism professionals Monday, also said the U.S. should reform airport security procedures. May 10, 2006

Delta Air Lines launched its five-times-weekly New York JFK-Budapest service last night. Flights will be daily from Aug. 3 to Sept. 30. Daily Atlanta-Nice service starts this evening. All flights are aboard 767-300ERs. Delta also announced the launch of a twice-daily ATL-Killeen-Fort Hood, Tex., service from Sept. 7 aboard Atlantic Southeast Airlines CRJ200s and addition of a second daily flight to its yet-to-begin Aspen-Salt Lake City service from July 1. Daily flights begin June 8. Service is operated by SkyWest Airlines aboard CRJ700s. May 9, 2006

Trustee seeks to repossess five Delta jets: Wells Fargo Bank wants Delta Air Lines to return five MD-90s so the aircraft do not lose value after Delta decided to delay regular maintenance for up to a year. Delta, which operates under bankruptcy protection, pledged the planes as collateral for a 2004 debt offering. May 8, 2006

Delta expands in Latin American markets. Delta Air Lines' international expansion and focus on Latin America and the Caribbean is an important part of its plan to emerge from bankruptcy protection. The airline is adding new routes from its Atlanta hub and plans to be the "second-largest U.S. player in the region very, very quickly," said the company's COO.

May 8, 2006