General Lee
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- Aug 24, 2002
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GA Senator Johnny Isakson gets involved with DL/US
The carrier also has a powerful Senate ally in Georgia Republican Johnny Isakson.
Isakson said in an interview with Reuters that he met with Grinstein this week and has also discussed the US Airways proposal with Attorney General Alberto Gonzalez and White House Chief of Staff Joshua Bolten. Isakson said he does not expect the White House to get involved, but he said that he expressed concern to Gonzalez about overlapping routes and a potential loss of competition and service to small communities if the merger moved forward. Isakson said he would also reach out to relevant committee chairmen for commerce and judiciary affairs.
"They've paid a tremendous price and they're ready to exit," Isakson said of Delta's intention to leave bankruptcy on its own.
Antitrust experts say the merger bid, if Delta agrees to it, would receive close antitrust scrutiny. Delta plans to submit its own reorganization plan to creditors this month.
Delta's pilots' union on Tuesday "denounced" the bid, saying a US Airways presentation about the offer last week revealed significant conflicts with their contract.
The Air Line Pilots Association is on the nine-member official committee of Delta's unsecured creditors.
Thank Gawd Parker stated in every paper in the Country today that if DL management doesn't like it, he WON'T fight for DL. I can't believe he said that.....
Bye Bye--General Lee
The carrier also has a powerful Senate ally in Georgia Republican Johnny Isakson.
Isakson said in an interview with Reuters that he met with Grinstein this week and has also discussed the US Airways proposal with Attorney General Alberto Gonzalez and White House Chief of Staff Joshua Bolten. Isakson said he does not expect the White House to get involved, but he said that he expressed concern to Gonzalez about overlapping routes and a potential loss of competition and service to small communities if the merger moved forward. Isakson said he would also reach out to relevant committee chairmen for commerce and judiciary affairs.
"They've paid a tremendous price and they're ready to exit," Isakson said of Delta's intention to leave bankruptcy on its own.
Antitrust experts say the merger bid, if Delta agrees to it, would receive close antitrust scrutiny. Delta plans to submit its own reorganization plan to creditors this month.
Delta's pilots' union on Tuesday "denounced" the bid, saying a US Airways presentation about the offer last week revealed significant conflicts with their contract.
The Air Line Pilots Association is on the nine-member official committee of Delta's unsecured creditors.
Thank Gawd Parker stated in every paper in the Country today that if DL management doesn't like it, he WON'T fight for DL. I can't believe he said that.....
Bye Bye--General Lee
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