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Delta, US Airways Compete For Delta's Creditors

Credit: JOSEPH PRIES

Delta Air Lines has completed its reorganization plan, filed it with the bankruptcy court that supervises its every move and lined up exit financing.

Now comes the hard part. Unlike the United and US Airways bankruptcy emergences (twice) before it, Delta is contending with an unfriendly takeover bid, from no less than US Airways (AW&ST Nov. 20, p. 32). By filing its reorganization plan Dec. 19, Delta has cued the final act, a battle for the hearts and minds of its creditors.


 

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As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.


 

As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.


 

As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.