These clowns took pay cuts for this....
For the recent quarter, the Atlanta carrier (DAL:
Last: 7.95-1.98-19.94%
said it lost $1.4 billion, or $2.11 a share, compared to a loss of $70 million, or 18 cents a share, in the year-ago period. Delta was hit by a $900 million non-cash charge related to employee equity awards in the most recent period, as well as a $91 million loss on out-of-period fuel hedges.
For the recent quarter, the Atlanta carrier (DAL:
Last: 7.95-1.98-19.94%
said it lost $1.4 billion, or $2.11 a share, compared to a loss of $70 million, or 18 cents a share, in the year-ago period. Delta was hit by a $900 million non-cash charge related to employee equity awards in the most recent period, as well as a $91 million loss on out-of-period fuel hedges.