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September 15, 2005 Delta and Northwest File for Bankruptcy

It finally happened. Delta and Northwest have filed for bankruptcy. Both companies said the timing was a coincidence. Now, four of the seven largest airlines are in bankruptcy protection. In the last four years, the big airlines have lost $30 billion.

What does this mean for ticket holders? Edward Hasbrouck’s Practical Nomad blog has advice for travelers, including an “FAQ about Airline Bankruptcies.”

Posted by edelfenbein at September 15, 2005 9:20 AM

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