Avro, just to clarify. It is indeed sad for all the people working for an
airline when it is near to bankruptcy. I am sorry if my response was
mis-leading here. It is independent which airline is facing these problems
and independent which aircraft they operate.
It was like SABENA was disappear. It was also a shame if you know the background, it was of course an other case then this like Delta. The employees are the victims, like always.
About the a/c if it is Airbus or Boeing, it doesn't matter. If they are going to bankrupt, I think that they are going find very soon buyers for their airplanes.
A380-800 wrote:Avro, just to clarify. It is indeed sad for all the people working for an
airline when it is near to bankruptcy. I am sorry if my response was
mis-leading here. It is independent which airline is facing these problems
and independent which aircraft they operate.
rgds,
A380-800
No problem A380 I respect your point of view. Maybe you are working for Airbus who knows
It's just that I didn't like your comment in the previous post
Bankruptcy in the US does not mean that the airline will disappear. It will reorganise under Chapter 11 of the bankruptcy law, that gives them a protection against creditors. And Delta Air Lines will afterwards probably raise again, much stronger.
First of all. Bankruptcy means less people working and less airframes flying. Like SN says, Delta will probably reorganize under CH11 but il all case we lose working people. An not only in Delta.
Delta Airlines is going to fly under the protection of Chapter 11 in mid-September.
The loses of current and past quarters are to big to fly un-protected.
According to someone of the Georgia State University, Delta Airlines is very, very near to a bankruptcy. The stock shares are dramatically low and the shareholders are selling their shares. So, the company is nothing worth in this stage. They follow the course and they can predict when the company is "dead".
I'm wondering if they can catch Chapter 11 on mid-September.
According to The New York Times and different news papers in Belgium and TT, who took over the message from The NYT, would Delta ask very soon Chapter 11. This is confirmed by people who are involved with the bankrupt of Delta.
Delta Airlines is also considering to sell two smaller routes and they have also to cut in the number of employees.
Delta Airlines is going to sell it's feeder airline Atlantic Southeast Airlines to Skywest for 425 million dollar. With this amount Delta could pay 100 million of debts. But it means that Delta still struggling with bankrupty.
The deal with Skywest include a 15 year contract that ASA will be the feeder of passengers for Delta.
