Major Georgia companies Delta Airlines and Coca-Cola are out with their first-quarter earnings reports, with both continuing to weather the economic storm.
Atlanta-based Delta was hit with a net loss of $794-million. Its struggles included bad bets on future fuel costs. To help make up the deficit, the world’s largest airline announced a new $50 fee for most passengers checking a second bag on international flights.
For Atlanta-based beverage maker Coca-Cola, it reported a net income loss of more than $1.3 billion in the first quarter--around 10-percent.
Atlanta-based Delta was hit with a net loss of $794-million. Its struggles included bad bets on future fuel costs. To help make up the deficit, the world’s largest airline announced a new $50 fee for most passengers checking a second bag on international flights.
For Atlanta-based beverage maker Coca-Cola, it reported a net income loss of more than $1.3 billion in the first quarter--around 10-percent.
