Delta Prepares For Flight Out Of Bankruptcy

Law360, New York (March 27, 2007, 12:00 AM EDT) -- Delta Air Lines Inc. is ready for an April 30 departure out of bankruptcy with a plan to return to profitability, improve customer service and re-list its stock, the company told investors on Tuesday.

The Atlanta-based air carrier addressed its business plan at an investor conference on Tuesday and filed documents with the Securities and Exchange Commission that pointed to an optimistic future.

Though Delta has lost a total of $7.6 billion since 2001, it told investors it now expects its pre-tax income to hit $816...
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