Originally Posted by
TheMoose
Interesting to note that the offerings will be secured by "Delta's Pacific route authorities, slots and gate leaseholds. Those assets will also constitute the collateral for the company's new senior secured credit facilities, Delta said."
Thanks, NWA!
The pacific routes can't be worth much. Remember, DL took over NW because NW was hurting so much, and begged DL to take them over. That is what I read here on the forum, anyway.