Delta Air Lines CEO Gerald Grinstein Comments on Creditors’ Committee Support for Plan of Reorganization
Jan 31, 2007
ATLANTA, Jan. 31, 2007 – Delta Air Lines Chief Executive Officer Gerald Grinstein today issued the following statement regarding the Unsecured Creditors’ Committee’s support for Delta’s plan of reorganization:
“This is a proud day for the thousands of Delta people, customers, communities, civic leaders and others who stood up for our standalone plan and said, emphatically, ‘Keep Delta My Delta.’ We appreciate the Unsecured Creditors’ Committee’s endorsement of our plan of reorganization and the diligent work of the Committee and its advisers in evaluating that plan. We also want to acknowledge the tireless work of all Delta people whose contributions are allowing us to continue the tremendous progress we have made with our restructuring plan. Using the bankruptcy process the right way, Delta people have transformed their company’s business model. Our focus now is on the work still before us to emerge from Chapter 11 this spring as a strong, healthy, and vibrant global competitor.”
Delta Air Lines (Other OTC: DALRQ) offers customers service to more destinations than any global airline with Delta and Delta Connection carrier service to 304 destinations in 52 countries. With more than 50 new international routes added in the last year, Delta is America’s fastest growing international airline and is a leader across the Atlantic with flights to 31 trans-Atlantic destinations. To Latin America and the Caribbean, Delta offers nearly 600 weekly flights to 58 destinations. Delta’s marketing alliances also allow customers to earn and redeem SkyMiles on more than 14,000 flights offered by SkyTeam and other partners. Delta is a founding member of SkyTeam, a global airline alliance that provides customers with extensive worldwide destinations, flights and services. Including its SkyTeam and worldwide codeshare partners, Delta offers flights to 457 worldwide destinations in 97 countries. Customers can check in for flights, print boarding passes and check flight status at delta.com.