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Old 10-22-2009 | 03:58 AM
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Doug Masters's Avatar
Doug Masters
Weekend and Holiday Pilot
 
Joined: Jan 2007
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From: Sippin' at the Troubadour
Default Delta 3rd quarter loss

WASHINGTON, Oct 22 (Reuters) - Delta Air Lines Inc (DAL.N), the world's biggest airline, reported a quarterly net loss on Thursday due to special charges, but operating earnings beat Wall Street expectations.
Delta, which merged with Northwest Airlines last year, said its loss was $161 million, or 19 cents per share, including $212 million in special charges.
Excluding the charges, the company reported a profit of 6 cents per share. Analysts on average had expected a loss of 5 cents per share, according to Thomson Reuters I/B/E/S. (Reporting by John Crawley; editing by John Wallace)


Did we lose on fuel hedges again?
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