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Delta Airlines does not deny possible default

New York, Usa - If the increasing of capital related to USD 500m and the planned cost cut would not be enough the carrier would recur to Chapter 11

US carrier Delta Airlines announced in a statement the increasing of capital related to USD 500m, warning about the risks for the company due to a possible lack of liquidity. According to the statement in fact the financial resources would not be enough for the whole year if it would not be mixed with other measures. For this reason the airline declared that if it does not succeed to end the restructuring...

AVIONEWS - World Aeronautical Press Agency - 117645
Rome, Italy, 04/01/2005 18:03
AVIONEWS - World Aeronautical Press Agency

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