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Delta Selling Eight Planes to FedEx

Stock quotes in this article: DAL , FDX , UPS , AMR  

Updated from Sept. 22

Let the asset sales begin.

Delta Air Lines (DAL Quote) has arranged to sell eight MD-11 aircraft to FedEx (FDX Quote), TheStreet.com has learned. The deal could net more than $200 million for the airline, buying it time to negotiate wage concessions from pilots as bankruptcy looms. ...

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