Delta creditors give thumbs-up for new plan

An April 9th vote by Delta creditors shows more than 95 percent support the company's reorganization plan.

Creditors also voted in the same numbers to approve the reorganization plan of Delta's subsidiary, Comair.

The new plan calls for some of Delta's creditors to receive newly issued common stock.

Delta is the nation's third-largest airline.

The carrier filed for bankruptcy protection in the fall of 2005, citing soaring jet fuel prices and increased competition from low-fare airlines.

Delta says it expects a bankruptcy court to confirm its reorganization plan at a hearing later this month.