Delta Air Lines Inc.'s current transformation plan, which includes cutting annual costs by $5 billion by the end of next year, is not enough to save the struggling carrier, its chief executive said in a memo to employees that addressed renewed concerns about bankruptcy. The airline's shares plunged.
Posted July 28, 2005
More Aviation News:« Prior Article: Logan aims to land commercial airline service (Salt Lake Tribune)
Aviation News Home: Aviation News and Commentary
Next Article: AirlineJOB.net Announces Regional Airline Job Opportunities Up 150% Since 2003, Confirming US Bureau of Transportation (PR Web)»
