....BUT THEY'LL NEVER TAKE....OUR FREEDOM!!!!!!!!
Northwest just filed for Chapter 11, also.
To clarify some issues that the average Freeper may wonder about:
Nothing will change immediately regarding operations. You don't need to cancel your tickets, get a refund, rebook on another airline, etc. Show up for your flight and your ticket will be honored.
It remains to be seen what will happen with your FF miles. They could disappear, or nothing could happen. It seems most likely that they may be somewhat devalued, but it's entirely possible they could retain full value.
Delta is not "folding" or going out of business.
This is not the fault of "unions"; only the pilots of Delta are unionized and they have and will continue to make concessions. The rest of the nonunion employees also have and will continue to make concessions.
This is not the fault of present management. Blame Ron Allen, but the current team has been very proactive in the face of enormous external obstacles.
If you want to "blame" any single factor, look at fuel prices. A distant second is labor, but Delta has and is continuing to cut those costs. But with fuel at a speculation-free $30-$35/barrel, Delta would be profitable.
And so it begins...
Between pension funds, unions, higher fuel prices capped off by Katrina. Delta and Northwest may be the first post-Katrina casualties but they will likely not be the last.
Eliminate ,liquidate ,Cleanse ,Rebuild.
Delta and Northwest airlines was supposed to merge into one airline come November.. I wonder what they will do now..
Unionism at it finest. We showed those management bustards.
Nobody is paying attention.
The sick sister airlines need to downsize or go out of business.
Because the middle class is shrinking,
the dinosaur airlines are doomed.
...
Why would anyone invest in an airline?
Delta is going for having to pay no Georgia taxes, a multi-million dollar savings. If a business can't make it on it's own, than that business does not need to be in business. Poor management and unions is what happened.
http://slate.msn.com/id/2126383/
Interesting stuff. The news just continues.