NEWS: Delta Airlines Loss is Breathtaking

If Northwest's post bankruptcy losses put you a bit off-balance then make sure you're sitting down for this one. Papers filed in bankruptcy court by Delta Airlines indicate that it lost $1.1 BILLION between Sept 15 and Oct 31. Once again there's some bankruptcy related financial wrangling going on but taking that out of the equation still leaves you with a $472 million in losses...$10 million A DAY. With those numbers its painfully obvious that the $3 billion in cost savings that Delta is pursuing in bankruptcy will not save it. Something more is needed.