Delta Regains S&P 500 Membership Lost on Eve of 2005 Bankruptcy
This article is for subscribers only.
Delta Air Lines Inc., the world’s second-largest carrier, will replace BMC Software Inc. in the Standard & Poor’s 500 Index after reducing debt and restarting dividend payments in its comeback from bankruptcy.
The move will take effect after the close of trading on Sept. 10, according to a statement yesterday from S&P Dow Jones Indices, making Atlanta-based Delta just the second carrier in the index after Southwest Airlines Co. BMC is being bought by closely held Bain Capital LLC.