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Thursday, January 24, 2008

Improved returns for Delta muted by future conditions

Despite a loss of 70-million dollars in last year's 4th quarter, Delta Air Lines ended with a profit of 1.6 billion dollars in 2007. That represents a turnaround from a nearly 6-billion dollar loss for all of 2006.

The Atlanta-based airline came out of bankruptcy in April of last year, and has since restructured its operations to cut costs. But, Delta says record-high fuel prices are continuing to pressure its bottom line.

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