Word: delta
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Dates: during 1990-1999
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Hann played varsity football for Brown and was a member of the fraternity Delta Tau Delta. He does not deny making the remarks although he claims he was treated unfairly by the disciplinary council...
When financially emaciated Pan Am was looking for a well-heeled partner, few carriers were courting the airline. But as soon as the venerable company filed for Chapter 11 protection last week, competitors were suddenly flocking to bankruptcy court. Rival carriers Delta, Trans World and Northwest all expressed interest in buying some part of the bankrupt airline. Even show-biz financier Kirk Kerkorian made an offer, promising to provide as much as $50 million in emergency financing. But bankruptcy judge Cornelius Blackshear rejected all the bids as latecomers...
...More than half the fresh salmon served in restaurants and sold in stores in the U.S. has spent much of its life splashing in huge sea cages off the coast of Norway. The catfish du jour is probably a product of the $704 million industry centered in the Mississippi Delta and is a cosseted cousin of the wild redfish that was fished to near extinction in the '80s craze for Paul Prudhomme's cast-iron Cajun cuisine. The succulent oyster on its bed of ice could have been pampered like an orchid in Quilcene Bay on the Hood Canal...
Continental was particularly ill-prepared to weather the downturn. The carrier accumulated more than $2 billion in long-term debt in the process of building itself into one of the five largest U.S. carriers. Rival carrier Delta confirmed last week that it may buy some of Continental's assets. At TWA, market share has slipped from about 10% in 1985 to 8% currently. Since TWA boss Carl Icahn failed to move quickly enough to replace his aging aircraft, the airline is stuck with a fleet that is particularly thirsty and costly. New Boeing and McDonnell Douglas passenger jets...
Even so, the industry is bound to consolidate further. High costs mean that ambitious carriers like USAir, Midway and America West are reining in their plans. A year ago, five airlines -- American, United, Delta, Northwest and Continental -- dominated the top tier of the U.S. industry, accounting for 66.3% of all passenger miles. Because of problems at Continental, that tier may soon shrink to four powerhouses...