Industry Observers, Experts See Delta Air Lines Plan As Setup for Bankruptcy
ATLANTA (AP) -- Key elements of Delta Air Lines Inc.'s broad turnaround plan will take months if not years to implement, suggesting the struggling carrier is setting itself up for how it will survive after a likely Chapter 11 filing, industry observers and legal experts said Thursday.
Delta said Wednesday that a bankruptcy filing could come as early as three weeks from now if it can't head off a mass exodus of pilots.
http://biz.yahoo.com/ap/040909/delta_4.html
ATLANTA (AP) -- Key elements of Delta Air Lines Inc.'s broad turnaround plan will take months if not years to implement, suggesting the struggling carrier is setting itself up for how it will survive after a likely Chapter 11 filing, industry observers and legal experts said Thursday.
Delta said Wednesday that a bankruptcy filing could come as early as three weeks from now if it can't head off a mass exodus of pilots.
http://biz.yahoo.com/ap/040909/delta_4.html
