Delta takes dive

PUBLISHED : Sunday, 06 June, 1993, 12:00am
UPDATED : Sunday, 06 June, 1993, 12:00am

DELTA Air Lines, citing the effects of fare-cutting, said profitability from operations in the current quarter will not meet previous expectations.

In response, investors sold off Delta stock and it closed off US$2 to $55.50 a share on the New York Stock Exchange.



Send to a friend

To forward this article using your default email client (e.g. Outlook), click here.

Delta takes dive

Enter multiple addresses separated by commas(,)

For unlimited access to: SCMP Tablet Edition SCMP Mobile Edition 10-year news archive