| Business Summary | | Delta
Air
Lines,
Inc.
is
an
air
carrier
that
provides
scheduled
air
transportation
for
passengers
and
freight
throughout
the
United
States
and
around
the
world.
As
of
February
1,
2001,
Delta
(including
its
wholly
owned
subsidiaries,
Atlantic
Southeast
Airlines,
Inc.
and
Comair,
Inc.)
served
201
domestic
cities
in
45
states,
the
District
of
Columbia,
Puerto
Rico
and
the
United
States
Virgin
Islands,
as
well
as
50
cities
in
32
countries
in
Europe,
Latin
America,
Asia,
the
Caribbean
and
Canada.
An
important
characteristic
of
Delta's
route
network
is
its
four
hub
airports
in
Atlanta,
Cincinnati,
Dallas/Ft.
Worth
and
Salt
Lake
City.
Each
of
these
hub
operations
includes
Delta
flights
that
gather
and
distribute
traffic
from
markets
in
the
geographic
region
surrounding
the
hub
to
other
major
cities
and
to
other
Delta
hubs. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | DAL,
a
major
air
carrier,
provides
scheduled
air
transportation
for
passengers,
freight
and
mail.
DAL
serves
201
domestic
cities
in
45
states
and
50
cities
in
32
foreign
countries.
For
the
comparable
six
months
ended
6/30/01,
revenues
fell
9%
to
$7.62
billion.
Net
loss
applicable
to
Common
totaled
$230
million
vs.
an
income
of
$671
million.
Revenues
reflect
a
decrease
in
revenue
passenger
miles
and
passenger
mile
yield.
Net
loss
also
reflects
decreased
investment
gains. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Leo Mullin, 58 Chairman,
CEO | $860K | Frederick Reid, 50 Pres,
COO | 513K | M. Michele Burns, 43 Exec.
VP, CFO | 458K | Robert Colman, 55 Exec.
VP - HR | 393K | Malcolm Armstrong, 59 Exec.
VP - Operations | -- | Dollar amounts are as of 30-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|