Delta: Delta Air Lines filed for bankruptcy-court protection today, capping a slow, nearly four-year long financial dive brought on by the crushing weight of high fuel prices, a heavy debt load and a restructuring plan that began too late to save the carrier.*
Northwest: Northwest Airlines filed for Chapter 11 Wednesday, joining the ranks of carriers operating under federal bankruptcy-court protection.
Read more at Yahoo! News.
* Darn, a day earlier than I thought.