FlyerTalk Forums - View Single Post - If Delta goes into bankruptcy, wouldn't they be able to scrap some past bad deals?
Old Jul 18, 2005 | 6:37 pm
  #1  
USCGamecock
 
Join Date: Dec 2003
Location: Augusta, GA, USA
Programs: DL FC, NW
Posts: 3,522
If Delta goes into bankruptcy, wouldn't they be able to scrap some past bad deals?

I know when some companies go belly-up, they are allowed to get out of bad leases and other cash draining agreements. If DL was bankrupt, I wonder if they would be able to scrap the long-tem deal made with the like of Mullins, Burns, etc? Maybe this isn't the problem, but something has to be done or else filing will be only months away IMHO.
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