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Delta Air Lines posts fourth-quarter loss after fuel hedging

2015-01-20 15:09:17| Airlines - Topix.net

Delta Air Lines Inc said on Tuesday it lost $712 million last quarter largely due to fuel hedge settlements, although the carrier topped analysts' estimates. For the fourth quarter, the Atlanta-based carrier lost 86 cents per diluted share, including a $1.2 billion charge for mark-to-market adjustments on fuel hedges, which Delta had previously announced.

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