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Tuesday, 16 April, 2002, 15:32 GMT 16:32 UK
Losses treble at Delta Air Lines
News in brief
Delta Air Lines has become the second large US carrier to report a loss for the three months to end-March.

The number-three US airline posted a net loss of $397m, almost exactly trebling its loss from a year earlier.

On Monday, smaller rival Continental reported a $166m net loss.

Customers and revenues were returning, but revenues were recovering at a slower pace, the airline said.

The airline warned that lingering weakness in the business travel market - a key source of high-margin earnings - would affect the pace of its recovery.

See also:

15 Apr 02 | Business
Continental Airlines racks up losses
12 Apr 02 | Business
JetBlue shares soar on first day
01 Nov 01 | Americas
US airline starts flights to Cuba
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