Delta Air Lines expects to report a loss of between $85 million and $110 million during the current quarter because of a reduced flight schedule, a weakening economy, and fears of a pilots' strike.
The company estimated that its fully diluted loss per share will be 70 to 90 cents.
Delta shares closed yesterday at $43.10 on the New York Stock Exchange. Over the past 52 weeks the shares have been as low as $39.63 and as high as $58.31.
