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Delta Airlines gets financing for US$2.1 billion

Atlanta, USA - Secured by liens against Delta's Pacific franchise

Delta Air Lines yesterday announced it has closed US$2.1 billion of financing transactions, marking a significant step toward addressing the company's 2010 debt maturities and further strengthening its liquidity position. The new financing transactions are secured by liens against Delta's Pacific franchise, which includes route authorities, slots and gate leaseholds. The transaction will generate...

AVIONEWS - World Aeronautical Press Agency - 1109537
Rome, Italy, 09/29/2009 12:19
AVIONEWS - World Aeronautical Press Agency

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