Originally Posted by
acl65pilot
September 2009 Quarter Highlights
During the September 2009 quarter, Delta continued to position itself as the world's No. 1 airline, with an ongoing commitment to employees, customers and communities. Highlights include:
Special Items
Delta recorded special charges totaling $212 million in the September 2009 quarter, including:
• $83 million to write-off unamortized non-cash debt discount associated with the refinancing of certain Northwest debt;
• $78 million in merger-related items; and
• $51 million in charges for employee severance programs.
Delta recorded special charges totaling $24 million in the September 2008 quarter, including:
• A $14 million charge for early termination fees under contract carrier arrangements;
• $7 million in merger-related expenses; and
• A $3 million net charge primarily for facilities restructuring and severance.
Anybody know who that was for?