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Monday, October 13, 2008

Delta could see 3Q profit

Delta Air Lines could have relatively good news in its third-quarter earnings report scheduled for Wednesday. The Atlanta-based carrier could eke out a small adjusted profit, based on analysts' projections. Delta's president and chief financial officer, Ed Bastian, said Sept. 18 that Delta expected its third-quarter results to be in the range of break-even to a modest loss. The airline industry has been beset for an extended period by hefty fuel prices.

(Associated Press)

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