Delta Files to Trade Under Old Symbol 'DAL'
Delta Air Lines said Thursday it applied to list its new common stock on the New York Stock Exchange, trading under its old symbol of "DAL" once it emerges from bankruptcy.
Delta's symbol changed to "DALRQ" once it entered Chapter 11 protection in 2005. The carrier said it expects the new shares to begin trading on the NYSE in early May.
"The planned listing of Delta's new stock on the New York Stock Exchange is another significant milestone on our path toward emergence from bankruptcy as a strong, healthy competitor and an industry leader,'' Edward H. Bastian, Delta's chief financial officer, said in a press release.
Delta first listed its stock on the NYSE 50 years ago, the company said.