Home Search Site About MultiEducator History Shopping For Educators American History World Timeline Election Central NationbyNation Primary Source Documents 20th Century Almanac Aviation History Navy History Railroad History America's Wars Revolutionary War War of 1812 Mexican American Civil War Spanish American World War I World War II Korean War Vietnam War Desert Storm Enduring Freedom Iraqi Freedom Biographies Presidents First Ladies 20th Century 500 Amistadt Civics History of Israel Other Links About Historycentral Advertise Contact US	The History of Aviation Modern Era 2005 Delta and Northwest Airlines Both Declare Bankrupcy e On September 14th 2005 both Delta and Northwest Airlines declared bankrupcy. Delta's debt was 28.3 billion dollars and its bankrupcy was widely expected. Northwest whose debt stood at 17.92 billion dollars was unexpected. The year steep rise in oil prices which spiked due to the hurricane Katrina forced both airlines to take action.	Aviation Related Products from our History Shopping Store Related Products    Resources
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