Comair Emerges From Ch. 11 With Unclear Future

Law360, New York (May 1, 2007, 12:00 AM EDT) -- Delta Airlines subsidiary Comair Inc. was along for the ride as Delta flew out of bankruptcy protection on Monday, but the fate of the Kentucky-based airline is still uncertain.

Delta has said it will look to shed the regional airline, although the timing of such a move is unclear.

Both Comair and its parent Delta left Chapter 11 protection after a 19-month stay. Comair workers had agreed to millions in pay cuts as part of Comair’s reorganization.

Comair had spent much of its time in bankruptcy...
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