US Airways does not need to win over a majority of the creditors to block the intentions of Delta's management to remain independent... although Parker said he considers such a tactic to be a hollow victory at best.
Even if US Air offer doesn't win over a majority of the creditors, the offer could have enough support to block Delta's plan to remain independent.
http://www.aero-news.net/index.cfm?Content...88-d67d0a355613
Even if US Air offer doesn't win over a majority of the creditors, the offer could have enough support to block Delta's plan to remain independent.
http://www.aero-news.net/index.cfm?Content...88-d67d0a355613