Delta Flies Out Of Bankruptcy

Law360, New York (April 30, 2007, 12:00 AM EDT) -- Delta flew out of bankruptcy on Monday, right on schedule, bringing to an end its 19-month stay in Chapter 11.

“This is a great day in Delta’s history–a day that would not have been possible without the hard work and sacrifice of Delta people around the world,” Delta CEO Gerald Grinstein said.

“Through our restructuring, we have successfully repaired our balance sheet, improved the customer experience, expanded our international route system and built a platform for future success. Delta is now a fierce competitor in a...
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