Who is going to buy Comair?

[DrewBlows]

actually, everyone gets the coveted wiener dog 'balloon' and that artery cloggin skyline chili

Whoops, you're right. Just reread the press release.

 

[N813CA]

If it was your company up in ? You wouldn't have this response. I will remember that.

 

[Traumahawk]

If it was your company up in ? You wouldn't have this response. I will remember that.

You DO realize this is flightinfo.com right? I mean...wait, maybe, no no yea this is flightinfo.

 

[meyers9163]

Indianapolis aviation?

 

[tweeter125]

Indianapolis aviation?

Now thats funny.

Come to think of it they do have similar management styles.

 

[Flyer1015]

Who is going to buy Comair?

Anna Nicole Smith

 

[Goose Egg]

Hopefully not Mesa.

-Goose

 

[spinproof]

......Grinstein, 74, said in an interview during Monday's bankruptcy exit celebration at Delta's headquarters that he expects choosing a successor for him to be the priority for the board. He said he thinks the board, which consists of seven new members, will spend May getting acquainted with the candidates and then make a decision.

As for Comair, which also emerged from bankruptcy Monday, senior Delta executives said there has been no timetable set on making a decision of whether to shed it. Some analysts have suggested Delta will sell Comair and sell it quickly.

Chief Operating Officer James Whitehurst said "it's not a foregone conclusion" that Comair will be sold.

The airline said in bankruptcy filings that its new plan has achieved $3 billion in annual "financial improvements." Starting with the second quarter of 2005, that includes a reduction of jobs from 53,000 to 47,000 and a decline in aircraft from 522 to 440 as well as terminating pilots' pensions and enacting other cost-cutting measures.

Delta executives enthusiastically promoted the emergence from bankruptcy Monday after forging a $2.5 billion repayment plan of loans that enabled it to operate during bankruptcy protection.

They sent employees with winning passes on a flight around Atlanta on Monday in an aircraft painted in Delta's new colors.
In addition to the new paint job that will be phased in for its airliners, the carrier revealed plans to improve its Web site and airport kiosks.
Delta's prebankruptcy shares are worthless, but Delta's issue of 400 million new shares of stock, expected to take place Thursday with a Wall Street ceremony, is predicted to create an initial public offering ranging from $23.50 a share to $30 a share. That would result in a valuation of $9.4 billion to $12 billion.
Information from The Associated Press was used in this report.