Delta has Become More Worldly

Summary


One year after filing for bankruptcy protection, Delta Air Lines is a smaller, more worldly airline.

A year ago today, the Atlanta-based carrier filed for Chapter 11 bankruptcy protection, where it remains. Over that period, Delta has trimmed costs by eliminating jobs, cutting pay, reducing flying capacity and shedding pensions. It's also shifted more of its flying to potentially more lucrative international routes.

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Extract


Delta has Become More Worldly

"International growth represents the future profitability of this company," said Delta route network chief Glen Hauenstein in an interview.

The changes made in bankruptcy keep Delta on schedule to ...

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