Delta Makes Two Survival Moves
Stock quotes in this article:
DAL
In reaction to the measures, shares of Delta -- which plunged to a new 52-week-low of $2.78 yesterday, rose 51 cents to $3.45.
The early retirement issue was a sideshow in Delta's road to recovery. The airline is seeking $1 billion in wage concessions from pilots. Two months ago, the union put a $700 million package on the table, but with oil prices high and revenue weak, time is running out for Delta. The union said negotiations with the company will continue this week.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,452.68 | 1,109.24 | 2,185.03 | 33.23 |
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3.32%
SPDR Gold
119.18
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-0.18%
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+0.42%
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+1.47%
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