Dude, this thread isn't about agriculture. Don't let OAO threadjack another topic.
Quote:
The filing said Delta has "significant obligations'' due next year, including $1.23 billion of debt. Delta also expects 2005 employee pension contributions of more than the $460 million paid this year and about $1 billion in aircraft financing.
Delta had $2.45 billion in cash as of the end of March, down from $2.92 billion three months earlier. It borrowed $225 million in the first quarter for regional-jet purchases and in February issued $325 million in convertible senior notes and agreed to buy 32 more of the smaller jets, valued at $780 million.
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Nope. No new assets here.
Again, $85 million is nothing compared to $3.26 billion due to lost revenue. Maybe you're getting things confused because 85 is bigger than 3.26; I'll help make it a little clearer for you. $85 million is $0.085 billion. If Delta got to keep the pilot's pay raise, there'd still be $3.17 billion of debt.
As Ziggy said already, 9/11 affected every airline. You can't start blaming unions for customers deciding to use other modes of transportation.
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