Delta is fragile ... and it is not a good time to begin a consolidation discussion. The only time to do that is when you have leverage and strength. So that may be somewhere out in the future but that's not now.
More Quotes from 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
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
It remains our strong preference to reach a consensual agreement that is equitable and that helps Delta realize the cost reductions that will enable it to survive and to successfully restructure. I believe these are not mutually exclusive goals and, in the best interest of the company and everyone concerned, we will proceed in good faith in an attempt to realize them.
Gerald Grinstein
As Delta continues its transformation to become a more customer-focused airline, we are incorporating the best of Song into the best of Delta, ... Our new Song service will set the standard in transcontinental travel, making Delta the first choice for customers on these routes.
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
It's a race against time. These companies in bankruptcy are very fragile.
Gerald Grinstein
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