8/26/2008

Delta Air Lines said it secured a $1 billion loan and got a new credit-card agreement to help gain revenue turnover as it prepares to merge with Northwest Airlines. Ed Bastian, Delta's president and chief financial officer, said the credit line was most important, to guarantee "financial flexibility, not for any operating need." The merger, set to be completed by the end of the year, will create the world's largest airline.

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