ECoastLife Updated OpinionNews, Comments, and Updated Opinion on Local Affairs Along Northwest Florida's Emerald Coast(Untitled)- September 25, 2004 Delta's Restructuring It looks like a "big bang" is in store for Delta in January, but will it be done with or without bankruptcy Delta will probably have to go through Chapter 11 to achieve the cost reductions necessary for survival. What about the restructuring plan No airline has ever shrunk to prosperity, and the Delta plan looks promising by preserving or even modestly expanding capacity. The Dallas hub is collapsed, but overall the airline gains 50-60 mainline...http://www.ecoastlife.com/weblog/2004/09/25.html#a132 |