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Delta Moving Out of Chapter 11

By: Doug Currin, Sr. Reporter / Weekend Anchor
Updated: April 28, 2007
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Delta Airlines will be celebrating next week. After spending 19 months in bankruptcy protection, the airline will officially emerge from chapter eleven on Monday. Delta executives say the airline is undergoing a multi-year transformation. They say passengers will see upgrades in food service, business class and more televisions. Jim Whitehurst, Deltas Chief Operating Officer, says "We cannot get complacent because in the end our customers determine our financial success - not the creditors committee, not the financial market. Its our customers." Delta is the nations third largest airline, and executives say the company will issue 400-million shares of stock on Thursday.

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