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Delta Airlines Reported to File Chapter 11 Within 48 Hours.
Fox News, 6;08 PM | Sept 12, 2005 | AGP

Posted on 09/12/2005 3:15:48 PM PDT by AGreatPer

Just reported that Delta will file for Chapter 11 within 48 hours.

My words - Northwestern won't be far behind.


TOPICS: Business/Economy
KEYWORDS: airplanes; dal; unions
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To: AGreatPer

Geee, Imagine that....


21 posted on 09/12/2005 3:29:14 PM PDT by fhlh (Polls are for strippers and liberal spin.)
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To: AGreatPer

Simply rescheduling debt.

They'll be in the air all night and tomorrow.

Delta needs to quit trying to be everything and all that. Ditch the low productivity routes.


22 posted on 09/12/2005 3:29:47 PM PDT by xzins (Retired Army Chaplain and Proud of It!)
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To: Mr.Unique
"I'll cancel my reservations."

I would. I got caught in the Eastern Airlines shut-down several years ago. Took me 3 days to catch up to the cruise ship. Back then other airlines would honor tickets. Not today. It is cut throat.

23 posted on 09/12/2005 3:30:15 PM PDT by AGreatPer
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To: atomicpossum
I thought the headline meant the Mississippi Delta...

So did I. Some folks have questionable communication skills.

24 posted on 09/12/2005 3:30:15 PM PDT by Cobra64
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To: AGreatPer; atomicpossum; COEXERJ145; microgood; liberallarry; cmsgop; shaggy eel; RayChuang88; ...
I will miss all of those Southern Belle stews. (OK, PC - Flight Attendents)

I still miss the Braniff hostesses.

If you want on or off my aerospace ping list, please contact me by Freep mail not by posting to this thread. Aerospace Ping List

25 posted on 09/12/2005 3:30:31 PM PDT by Paleo Conservative (France is an example of retrograde chordate evolution.)
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To: fortunecookie

I flew Northwest from Toronto to Montgomery AL for Christmas last year and I will never fly with them again. I'd get there faster hitch hiking.


26 posted on 09/12/2005 3:31:17 PM PDT by KateatRFM
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To: ExcursionGuy84; AGreatPer
I don't quite think that Chapter 11 (Bankruptcy) is equivalent to Chapter 7

No, it isn't. Chapter 11 provides protection from creditors during restructuring.

27 posted on 09/12/2005 3:33:32 PM PDT by Bloody Sam Roberts ("Gentlemen. You can't fight in here. This is the War Room!")
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To: Paleo Conservative

I almost bought Delta for an upcoming trip, but found a better price on SW! Phwew!


28 posted on 09/12/2005 3:36:26 PM PDT by pissant
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To: KateatRFM
I flew on Delta a few years ago and was not impressed. The flight attendants were old and totally disinterested in the passengers. The food was mediocre also.

Union-secured jobs I suppose.

29 posted on 09/12/2005 3:36:48 PM PDT by Churchillspirit (Anaheim Angels - 2002 World Series Champions)
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To: AGreatPer
'Today, major airlines sent Delta in to send up the flare that they didn't get anything out of the emergency aid package for Katrina. Since the last large cash infusion of 9/11, most major carriers have included such infusions into their plans and avoided locking in fuel prices when amounts were cheap.

'Other airlines are expected to follow Delta's lead until Congress finally gets their message.'

I have little faith in the airline industry anymore. They're the worst welfare queens. I'd love it if the federal response would be to send the airline one debit card each with $2,000 on it.
30 posted on 09/12/2005 3:37:24 PM PDT by kingu (Draft Fmr Senator Fred Thompson for '08.)
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To: Admin Moderator

Could you put the word Airlines after Delta for me in the title? I goofed up.


31 posted on 09/12/2005 3:37:40 PM PDT by AGreatPer
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To: Ronaldus Magnus
Southwest would also be loosing a great deal of money right now if they hadn't locked in their fuel prices, union or no union.

Which highlights, once again, the value of competent management. Southwest is not successful because they are lucky, they are successful because they have a lot of foresight and routinely make savvy business decisions. People scoffed or were indifferent when they were buying up futures contracts for jet fuel from here to eternity at $20/bbl equivalent prices. They could turn a fine profit just reselling those contracts on the open market.

32 posted on 09/12/2005 3:38:37 PM PDT by tortoise (All these moments lost in time, like tears in the rain.)
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To: KateatRFM
I flew Northwest from Toronto to Montgomery AL for Christmas last year and I will never fly with them again. I'd get there faster hitch hiking.

Good to know. I haven't flown Northwest in years, but my flight with them wasn't bad, a bit costly, but not bad. Southwest is a real trip, get there really early and get in line for best results. I've never had a problem but I guess there's a whole show about people's experiences on their airline.

33 posted on 09/12/2005 3:39:14 PM PDT by fortunecookie
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To: atomicpossum
I thought the headline meant the Mississippi Delta...

You're not alone.

34 posted on 09/12/2005 3:39:59 PM PDT by Tall_Texan (RIP New Orleans 1718-2005)
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To: AGreatPer
Seriously, over the years I have found Delta to be the best service in the industry.

I found them abysmal but then maybe they were busy giving you good service.

35 posted on 09/12/2005 3:42:07 PM PDT by Tall_Texan (RIP New Orleans 1718-2005)
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To: Natural Law

SouthWest is unionized. They're doing OK. AirTran is unionized. They're doing OK. The airline I work for is unionized. We're doing very well thank you.


36 posted on 09/12/2005 3:42:22 PM PDT by Arkie2 (Mega super duper moose, whine, cheese, series, zot, viking kitties, barf alert!)
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To: ARA
Not lately... Continental is best by far

Absolutely. My company's preferred airline. They have been really good the last few years.

37 posted on 09/12/2005 3:42:28 PM PDT by buccaneer81 (Rick Nash will score 50 goals this season ( if there is a season)
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To: AGreatPer

Will the changes in the bankrupcy code make it easier or harder for Delta to leave bankrupcy?


38 posted on 09/12/2005 3:43:12 PM PDT by SolarisRocks
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To: AGreatPer

Any foreign airline (well, almost any) has better service than Delta.


39 posted on 09/12/2005 3:43:44 PM PDT by Arkie2 (Mega super duper moose, whine, cheese, series, zot, viking kitties, barf alert!)
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To: AGreatPer

Delta should come out strong after the Bankruptcy. However, in the mean while many employees will lose their jobs.


40 posted on 09/12/2005 3:46:06 PM PDT by Sprite518
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