Watchlist Sponsored By :
- What Black Friday Shoppers Spent on – And Where
- Dubai Stocks Shed 7%, Abu Dhabi Tumbles 8%
- Regulators Compile Global List of 'Systemic Risk' Banks
- Dubai's Nakheel Seeks Suspension $5.25 Billion in Bonds
- True Cost of 12 Days of Xmas Tops $87,000
- US Senator Opposes Fed Chief Bernanke Renomination
- A Weak IPO Debut for Las Vegas Sands' Macau Unit
- Woods Has Nothing More to Say to Police: Agent
- Big US Banks May Be Forced to Raise Capital: Bove
- Dubai is Harsh Reminder of Prolonged Global Recovery
- Tiger Woods Wants to Protect Family Privacy: Agent
- Portfolio Prep for Next Week: 'Don't Get Crazy'
- U.S. Stocks Fall on Dubai Worries
- Black Friday at Best Buy
- Strategists on Dubai: Avoid 'Rash Moves' Now
- Longer Lines, Fuller Carts This Black Friday
- Dubai Stock Market Fear Has 'Legs': Dennis Gartman
- Obama's Emission Reduction Pledge Paints Future for Autos
MOST SHARED
- US Shoppers Spent Less Over Black Friday: NRF
- Tiger Woods Wants to Protect Family Privacy: Agent
- Dubai Stocks Shed 7%, Abu Dhabi Tumbles 8%
- Dubai's Nakheel Seeks Suspension $5.25 Billion in Bonds
- South Korea Sees Exports Bouncing, but Risks Remain
- Japan Won't Intervene to Weaken Yen: Finance Minister
- Dubai is Harsh Reminder of Prolonged Global Recovery
- US Senator Opposes Fed Chief Bernanke Renomination
powered by digg
Delta's New Stock Begins Trading After Carrier Exits From Bankruptcy
Topics:Stock Market | Bankruptcy
Companies:Delta Air Lines Inc.
Text Size 
Delta Air Lines’ [DAL
Loading...
()
APDelta Air Lines.
] stock began trading on the New York Stock Exchange Thursday after the company emerged from bankruptcy earlier this week, ending a 19-month restructuring.
“It’s an awesome day,” Edward Bastian, Delta’s chief financial officer told CNBC’s “Squawk on the Street.” “We call it independence day.”
Delta has cut an estimated $3 billion in costs and transferred planes to promising international routes from unprofitable flights to domestic cities. But the company may be flying into a stiff headwind created by a slowing economy and rising fuel prices. Delta could be hurt if rivals cut fares in an effort to fill empty seats.
Delta's new shares trade under the symbol DAL.
related links
© 2009 CNBC.com
Print
Email
- These four sectors will be the next to lead the market.
- Zhu Zhu Pets are this year's must-have toy, fetching $40 or more on eBay.
- From the why-didn’t-I-think-of-that file, we present Jason Sadler, a man whose job is wearing T-shirts.
- It may be the most unusual guide to business you'll read.
- Shopping for a gadget hound? The choices can be baffling. Here are a few that should be a hit.
- "The Who" will be the halftime act for Super Bowl XLIV on Feb. 7 in Miami. Is the NFL behind the times?
MORE FROM CNBC
Data is a real-time snapshot *Data is delayed at least 15 minutes