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 ATLANTA (AP) - Delta Air Lines Inc., which is operating under bankruptcy court protection, blamed high fuel costs Thursday as it reported a wider third-quarter loss of $1.13 billion and said it is concerned it continues to use borrowed money to fund its red ink.
The nation's third-largest carrier also said its pilots are wrong in their contention that nearly $91 million in concessions they are offering is enough to help the struggling carrier return to profitability and compete with discount rivals.
The quarterly results, announced after the market closed, missed Wall Street expectations and came despite a solid gain in revenue.
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