Defunct Lynx Air selling off life jackets, oxygen masks in bid to recoup losses [BNN Bloomberg (Canada)]
Delta Air Lines, Inc. (DAL)
Last delta air lines, inc. earnings: 4/22 07:00 am
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Source: BNN Bloomberg
In court filings last week, the defunct discount carrier said it has worked out deals with a pair of aviation companies abroad to sell plane parts and equipment ranging from seats to tires and transponders. Any hope of gains on the airline's nine aircraft themselves was dashed after the half-dozen leasing companies behind them cancelled their deals and took back the planes, according to an affidavit from interim chief financial officer Michael Woodward. The filings ask Alberta's Court of King's Bench to approve agreements that would see New Hampshire's Aero 3 repair company buy more than 50 wheels and brakes and the Cayman Islands-based BOC Aviation leasing company snap up 79 other items, from food carts to a single garbage can. Lynx, which owed $186 million when it sought creditor protection in late February, says a third company "unexpectedly terminated negotiations" around four turbofan jet engines. The shutdown of the Calgary-based carrier three months ago came as budget
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DAL
News
- This ‘unappreciated asset' is positioning Delta for success [Yahoo! Finance]Yahoo! Finance
- This ‘unappreciated asset' is positioning Delta for success [Yahoo! Finance Canada]Yahoo! Finance Canada
- Airports demand millions in unpaid fees from defunct Lynx Air [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Delta Pilots Make up to $447K: How That Compares to Salaries at Other US Airlines [Yahoo! Finance]Yahoo! Finance
- Swanky airport lounges are arriving at LAX, like this Chase one. But who can get in? [Los Angeles Times (CA)]Los Angeles Times
DAL
Earnings
- 4/10/24 - Beat
DAL
Sec Filings
- 6/13/24 - Form 4
- 5/10/24 - Form 13F-HR
- 5/9/24 - Form 4
- DAL's page on the SEC website