Mobile UPI  |   About UPI  |   UPI en Español  |   UPI Arabic  |   UPIU  |   My Account
Search:
Go

Business News

Delta cuts capacity, blames rising fuel prices

Jun. 12, 2009
Delta Air Lines announced plans Thursday to reduce its system capacity by 10 percent as compared to 2008, due to declining revenues. The company initially said it planned to cut capacity by 6 to 8 percent.
Related Stories from UPI.com

Demand drop outpaces flight cuts at Delta

ATLANTA, April 7 (UPI) -- U.S. carrier Delta Air Lines said reductions in flight capacity in March had been surpassed by drops in passenger travel for the third consecutive month.

Delta to begin fuel surcharge

ATLANTA, June 27 (UPI) -- Delta Air Lines announced Friday it planned to begin imposing a surcharge of up to $50 for booking U.S. frequent-flier tickets under its awards program.
Delta adds to domestic flight cuts

Delta adds to domestic flight cuts

NEW YORK, June 19 (UPI) -- Delta Air Lines will increase its cutback of domestic flight schedules as fuel costs rise, the company said.

Jump in jet fuel prices drags on industry

ATLANTA, March 19 (UPI) -- Four major airlines announced cutbacks that impact jobs and jets in the wake of a 30 percent escalation in fuel costs in the past six weeks.

U.S. airlines cut capacity on profit fears

NEW YORK, Dec. 4 (UPI) -- Four major U.S. airlines cut their 2008 U.S. capacity plans Tuesday on growing fears high oil prices and a weak U.S. economy will significantly hurt earnings.

Delta poised for possible Chapter 11

ATLANTA, Aug. 13 (UPI) -- Rising oil prices and financial obligations has Delta Air Lines preparing for bankruptcy protection, just in case.

Rising fuel costs threaten Delta

ATLANTA, March 11 (UPI) -- Delta Air Lines, the third largest U.S. airline by traffic, says rising fuel costs could drive it into bankruptcy, the Wall Street Journal reported Friday.

Delta threatens bankruptcy

ATLANTA, Aug. 9 (UPI) -- Delta Air Lines of Atlanta, said Monday it would file for bankruptcy if it can't lower costs soon, CBSMarketwatch.com reports.

Air fare hike attempt fails

FORT WORTH, Texas, June 8 (UPI) -- The latest effort by major U.S. airlines to cover rising fuel costs with higher air fares has collapsed, the Star-Telegram reported Tuesday.

Delta cuts capacity 12 percent, cites war

ATLANTA, March 24 (UPI) -- Delta Air Lines said Monday it would cut network capacity about 12 percent as demand fell due to the war in Iraq. Domestic and international locations will be affected starting March 27.
1 of 29
French Open tennis in Paris
View Caption
Russian Maria Sharapova signs autographs after winning her French Open womens first round match against Romanian Alexandra Cadantu at Roland Garros in Paris on May 29, 2012. Sharapova defeated Cadantu 6-0, 6-0 to advance to the next round. UPI/David Silpa