Delta shares rose 47 percent last year as its finances improved.

Delta shares traded down more than 5 percent at $5.42 on Wednesday afternoon.

Analysts had expected a bigger profit, and Delta shares were down 4 percent.

Pilots will be given the right to purchase options on 30 million new Delta shares.

Pardus said in its letter that it owns 7 million Delta shares, or about 2.6 percent.

Those shareholders are receiving 1.25 Delta shares for each Northwest share they used to own.

Delta shares were up about 22 percent.

Delta shares fell more than 25 percent immediately after Delta released the memo.

Delta shares were untraded before the market open.

Delta shares, which have lost more than half their value since emerging from bankruptcy last April, traded down 3.9 percent to $9.23 on Monday.

That failure, he says, is a result of the continued private ownership of a majority of Delta shares.

At Monday's close, Delta shares had lost 23 percent of their value in the past five days, with stubbornly high oil prices hammering the industry.

Delta shares erased deep losses earlier in the session and were up 10 cents to $6.65 in afternoon trading.

Delta shares jumped 11 percent.

Neidl said Northwest and Delta shares may also be taking additional support from the outlook for their upcoming merger.

Under the deal, Northwest shareholders will get 1.25 Delta shares for every Northwest share that they hold.

Under terms of the all-stock deal, each Northwest shareholder will receive 1.25 Delta shares for each share held.

Delta shares revenue with Air France on its three new routes to Heathrow and plans to expand the relationship.

Since the end of the second quarter, Delta shares have shot up 25 percent, outperforming a 5.7 percent gain in the overall Thai stock market.

Delta shares rose 5 percent in pre-market trading, while Northwest shares rose 10 percent.

Northwest shareholders would receive 1.25 Delta shares for each of 236.4 million Northwest shares outstanding.

Delta shares were 9.9 percent higher and those of US Airways were up 4.8 percent, both in late afternoon trading.

The transaction calls for Northwest shareholders to get 1.25 Delta shares for each Northwest share.

Delta shares were trading up about 2 percent at $10.30 on the New York Stock Exchange on Wednesday morning.

Delta shares closed up 2.5 percent on the New York Stock Exchange on Wednesday following release of the voting results.