"Though we still are not out of the woods," management is making
changes "to transform Delta into the right airline for the new
era."
Source: Delta Airlines' CEO Gerald Grinstein, in a
message to employees after the company posted a $2.2 billion loss
in the fourth quarter. For all of 2004, Delta lost $5.2 billion.
Grinstein, however, seemed to end his message on an upbeat note,
saying that Delta has "passed through the eye of the needle" in
2004.
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