Accessibility links

Breaking News
News

Delta Airlines Slashes Costs, Adds Routes, Leaves Bankruptcy

update

The third-largest airline in the United States, Delta, emerged from bankruptcy protection Monday after slashing costs and adding international routes.

Delta was one of several major airlines hurt by , soaring fuel costs, low-cost competition from budget airlines, a high-priced work force, and a downturn in travel after the 2001 terror attacks.

During a 19-month-long reorganization, Delta cut 6,000 jobs to lower costs and added flights to foreign destinations, where it faces less competition from budget airlines. It is also trying to lure customers with the promise of cleaning its planes better.

Some types of bankruptcy protect a troubled business from creditor lawsuits while it cuts costs and seeks a way to return to profitablilty.

Some information for this report was provided by AFP and AP.

XS
SM
MD
LG