Delta Continues to Restructure
By Splatty • Oct 31st, 2005 • Category: Airlines
In the past few weeks we have posted a couple of entries regarding Delta’s post bankruptcy restructuring plans. We will continue to keep you updated on their progress.
In further cost cutting measures, Delta has announced that they will absorb their low cost Delta Song service into it’s existing operations during May of 2006. This move is designed to streamline operations and reduce overall costs according the Delta CEO Gerald Grinstein.
As part of its Chapter 11 bankruptcy restructuring, Delta is seeking to eliminate unprofitable routes and expand to more lucrative markets.
Delta plans to eliminate Song in May and merge much of its operations — including its 48 Boeing 757-200 aircraft with satellite TV — into Delta’s transcontinental routes beginning next fall.
“By merging the brands, we will also benefit from a more simplified operation, reduced overhead costs and more focused marketing resources,” said Delta chief executive Gerald Grinstein.
For the complete article read here.
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