ATLANTA, Feb. 7, 2007 – Delta Air Lines today announced that the U.S. Bankruptcy Court for the Southern District of New York has approved the Disclosure Statement filed in connection with the company’s proposed Plan of Reorganization. The court also authorized Delta to begin soliciting approval from its creditors for the Plan of Reorganization. Prior to the hearing Delta successfully resolved all objections that had been filed.
Feb. 7, 2007 3:01 p.m.
Feb. 7, 2007 2:59 p.m.
CINCINNATI, Feb. 7, 2007 – Today, U.S. Bankruptcy Judge Adlai Hardin Jr. ruled in favor of Comair’s motion to enjoin work actions by the Air Line Pilots Association (ALPA) and its members. The ruling restricts the union and individual pilots from disrupting the regional carrier’s operations. Those who violate the ruling face serious consequences, including the possibility of personal liability and other legal penalties.
Feb. 7, 2007 11:50 a.m.
LOUISVILLE, Feb. 7, 2007 – Delta Air Lines will offer customers more than 5,900 additional seats between Louisville and its hubs in Atlanta, Cincinnati and New York in celebration of the 133rd annual Kentucky Derby. Between May 3 and 6, Delta will add flights and upgrade some regional jet aircraft to 142-seat MD-88 and 150-seat Boeing 737-800 aircraft flying between Louisville and Atlanta and Cincinnati, while adding daily regional jet service from New York’s LaGuardia and Kennedy airports – just in time to don a Derby hat and savor mint juleps.
Feb. 5, 2007 4:46 p.m.
ATLANTA, Feb. 5, 2007 – Delta Air Lines today reported record load factor results for January 2007. Delta’s system load factor for January was a record 73.7 percent, up 0.3 points from the prior year. Delta also achieved its highest January load factors for its mainline system (74.7 percent with a previous high of 73.8 percent in 2006) and mainline domestic (74.5 percent with a previous high of 73.8 percent in 2006).
Feb. 1, 2007 11:53 a.m.
NASSAU, Feb.1, 2007 – Delta Air Lines – Bahamas’ 2006 “Airline of the Year” – is adding two new routes between its largest hub in Atlanta and The Islands of The Bahamas with nonstop service to George Town, Exuma 1 and North Eleuthera 1 beginning June 16. The new flights, to be operated by Delta Connection carrier Atlantic Southeast Airlines, are the latest additions in the largest international expansion in Delta’s history.
Jan. 31, 2007 1:04 p.m.
ATLANTA, Jan. 31, 2007 – Delta Air Lines Chief Executive Officer Gerald Grinstein today issued the following statement regarding the Unsecured Creditors' Committee's support for Delta's plan of reorganization:
Jan. 31, 2007 11:54 a.m.
NEW BERN, N.C., Jan. 31, 2007 – Customers in the Crystal Coast communities of North Carolina soon will be one stop from the world with the addition of new flights between New Bern, N.C. and Atlanta, effective May 6, 2007. Delta Connection carrier Atlantic Southeast Airlines will operate two daily nonstop round-trip flights between the Eastern North Carolina city and Delta’s flagship hub in Atlanta, where customers can connect to 416 peak-day departures.
Jan. 30, 2007 1:03 p.m.
ATLANTA, Jan. 30, 2007 – Delta Air Lines (Other OTC: DALRQ) announced today that it has obtained commitments for a $2.5 billion exit financing facility, marking a significant step forward for the company’s plan to exit bankruptcy in Spring 2007 as a strong, well-capitalized standalone carrier.
Jan. 25, 2007 8:46 a.m.
ATLANTA, Jan. 25, 2007 – Delta Air Lines toasted the winner of its national short film competition, “Delta’s Fly-In Movies,” at a celebratory party hosted by actor Bobby Cannavale Wednesday night at the 2007 Sundance Film Festival with entertainment provided by actor/singer Tyler Hilton who performed selections from his upcoming release. New York filmmaker Phil Van was awarded top prize for his film “High Maintenance,” which is airing on Delta’s state-of-the-art in-flight entertainment system on transcontinental flights through Jan.
Jan. 24, 2007 3:04 p.m.
ATLANTA, Jan. 24, 2007 – Gerald Grinstein, Chief Executive Officer of Delta Air Lines (Other OTC: DALRQ), today appeared before the U.S. Senate Committee on Commerce, Science and Transportation to provide testimony to the full committee about the state of the airline industry and the potential impact of airline mergers and industry consolidation. In his remarks, Grinstein discussed the enormous progress Delta people have achieved over the past 16 months in transforming the airline into a strong, healthy and vibrant competitor.