GPB News Archive

GPB's News site has MOVED!

Check out our completely redesigned webpage at

http://www.gpb.org/news

for the latest in local and statewide Georgia news!

Search This Blog

Blog Archive:

Tuesday, March 27, 2007

Delta plans for life after bankruptcy

With just a little over a month until it emerges from bankruptcy, investors can look forward to a leaner, more profitable Delta Airlines.

In a statement filed with the SEC, the company said it would rid itself of non-performing assets.

Addressing investors, Delta’s Chief Financial Officer Ed Bastian wouldn’t specify the assets to be shed, but said one top priority is to re-fleet its plane stock.

Post-bankruptcy plans for the nation’s third largest carrier, include expanded international service, improved baggage handling, and enhance customer.

Delta is set to emerge from bankruptcy on April 30.

GPB News Team: