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September 17, 2005

Ouch! Delta Bankruptcy Filing 'Ninth Largest' In US History

With total assets of $21,801,000,000 (as reported on its latest Annual Report on Form 10-K) Delta Air Lines, Inc. (DAL) became the largest corporation to file for bankruptcy in 2005 and the ninth largest public company bankruptcy in history...

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Polar Air Crewmembers On Strike

Atlas Air Worldwide Holdings, Inc. has announced that negotiations with the Air Line Pilots Association (ALPA) for a new collective bargaining agreement covering the Crewmembers employed by its subsidiary Polar Air Cargo, Inc. (Polar) have been unsuccessful, and that ALPA has elected to call a strike at Polar.

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