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Delta’s loss narrows in November to $49 million

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From the Associated Press

Delta Air Lines Inc. reported that its loss narrowed last month to $49 million, which analysts said might bode well for the nation’s third-largest carrier to fly solo when it emerges from bankruptcy.

The news comes as the Atlanta-based airline is trying to fend off a hostile takeover bid from Tempe, Ariz.-based US Airways Group Inc.

The November figure compares with a $181-million loss the company posted for the same month a year earlier.

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