As Delta takes steps to secure its future as a competitive airline, we will continue to take a hard look at all of our operations and assets to identify opportunities to strengthen our financial position in the face of continuing market pressures and factors outside of our control, including fuel prices.
More Quotes from Gerald Grinstein:
We continue to believe an out of court restructuring is the best way.Gerald Grinstein
We are operating our full schedule of flights, honoring tickets and reservations as usual, and making normal refunds and exchanges.
Gerald Grinstein
We have to recognize this is not going to be a painless process. There will be additional layoffs ... There is going to be some pay pain. There will be increased work burdens.
Gerald Grinstein
Delta people understandably must make career decisions based on their own best interests and personal circumstances. For those who leave the company either through choice or by the plan's requirements, I hope you know how much your service has been appreciated.
Gerald Grinstein
I think the whole company gave it a good shot, ... But there were some things we just couldn't catch up with, and among those was fuel.
Gerald Grinstein
If we had fuel at the price it was three years ago, we would have had probably record operating profits in the first and second quarters of the year. That's how much fuel has impacted Delta.
Gerald Grinstein
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