Delta Creditors Seeking Data

Summary


ATLANTA -- Some of Delta Air Lines Inc.'s creditors are insisting the struggling carrier provide more information on its turnaround plan before they will respond to the company's proposal for more flexibility in restructuring its debt.

A committee of 34 financial institutions holding roughly $1.3 billion of Delta debt said Tuesday that it wants substantial information on the company's business plan, financial condition and restructuring plan.

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Delta Creditors Seeking Data

The committee said it believes other debt holders also will seek the information before responding to Delta's debt proposal.

Delta spokeswoman Pe...

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