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Delta (2): a meeting with US Airways

Atlanta, USA - The USD 8.6bn bid will be presented

US Airways will meet bankrupt Delta Airlines' top managers and a group of creditors this week to present its USD 8.6bn bid (see AVIONEWS for details). Delta has already communicated that it intends to exit Chapter 11 in the first half of 2007 as an autonomous company. The airline's pilots, who are part of the creditors' committee, expressed concerns about the deal. Some Delta bond holders, instead,...

AVIONEWS - World Aeronautical Press Agency - 70444

AVIONEWS - World Aeronautical Press Agency
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