Company Watch - Delta Air Lines.Apr 23, 2007 Delta launches program to offset emissions Delta Air Lines is offering travelers a chance to help offset carbon emissions. Starting June 1, travelers who buy tickets online will have the option of paying an additional $5.50 when they buy a domestic ticket and $11 when they buy an international ticket. The funds will be used to plant trees. Delta has formed a partnership with the Conservation Fund, a nonprofit group. Apr 20, 2007 Creditors overwhelmingly approve Delta reorganization. Delta Air Lines' reorganization plan A scheme authorized by federal law and promulgated by the president whereby he or she alters the structure of federal agencies to promote government efficiency and economy through a transfer, consolidation, coordination, authorization, or abolition of functions. received overwhelming support from creditors, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. official results. Delta will ask a court to approve the plan on April 25, and it plans to leave bankruptcy protection at the end of this month. Apr 20, 2007 Delta Air Lines will launch daily New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of JFK-Tel Aviv service on March 10, 2008, aboard a 767-300ER. It began flying to Tel Aviv Tel Aviv (tĕl əvēv`), city (1994 pop. 355,200), W central Israel, on the Mediterranean Sea. Oficially named Tel Aviv–Jaffa, it is Israel's commercial, financial, communications, and cultural center and the core of its largest from Atlanta last year with 777-200ERs and said it will be the only US airline serving Israel from two US cities. Apr 19, 2007 Delta TechOps in key role if Boeing clinches KC-X military tanker deal Apr 18, 2007 Delta Air Lines unveiled a plan that it says will help offset carbon emissions associated with air travel. Delta Air Lines today joined the growing green travel movement with plans this summer to launch a carbon-offset program. Delta said the initiative would make it the first U.S. airline to make such an offering available to customers. Apr 18, 2007 Travelers will benefit as Delta exits bankruptcy Delta Air Lines' exit from bankruptcy protection is good news for travelers and for the airline industry, the Daytona Beach Daytona Beach (dātō`nə), city (1990 pop. 61,921), Volusia co., NE Fla., on the Atlantic coast and Halifax River (a lagoon); inc. 1876. Center of a rapidly urbanizing area, in a region settled by Spanish Franciscans in the 17th cent. News-Journal editorial board writes. "Give outgoing CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Gerald Grinstein Gerald Grinstein is the former CEO of Delta Air Lines, Inc. of Atlanta, Georgia, the world's second largest airline. Grinstein came to the position in 2004, after CEO Leo F. credit for much of the turnaround -- and for taking a massive cut in his own pay and refusing 'golden parachutes' even as he was asking Delta employees to accept reduced compensation packages," the board writes. "The payoff for his stewardship: an airline that survived, against heavy odds, and now faces a chance to start anew." Apr 18, 2007 Delta Air Lines said yesterday that more than 95% of its creditors cast ballots in favor of its Plan of Reorganization. It is eyeing emergence from bankruptcy on April 30. The results are unofficial, with the final tally to be filed later this week with a US Bankruptcy Court bankruptcy court n. the specialized Federal court in which bankruptcy matters under the Federal Bankruptcy Act are conducted. There are several bankruptcy courts in each state, and each one's territory covers several counties. . DL will ask the court to confirm and approve its reorganization plan at an April 25 hearing, which is widely expected given the overwhelming support from creditors. Apr 17, 2007 Delta creditors approve reorganization Unofficial voting results show Delta Air Lines creditors have approved the carrier's reorganization plan. Approval will allow the airline to emerge from bankruptcy protection April 30. Creditors also approved Comair's reorganization plan. "We appreciate our creditors' strong vote of confidence in our plan, which we believe both maximizes their recovery and builds a foundation for Delta's long-term success," Chief Financial Officer Ed Bastian said Monday. Apr 17, 2007 Delta Air Lines pilots, represented by the Air Line Pilots Assn., opted to cash in most of their $2.1 billion unsecured claim against the carrier, with members accounting for 92% of the claim voting to take 60.05 cents on the dollar rather than stock in the reorganized re·or·gan·ize v. re·or·gan·ized, re·or·gan·iz·ing, re·or·gan·iz·es v.tr. To organize again or anew. v.intr. To undergo or effect changes in organization. airline. A total of $1.16 billion will be distributed to those pilots "shortly after" DL emerges from bankruptcy this quarter, MEC MEC Ministério da Educação (Ministry of Education) MEC Ministerio de Educación y Ciencia (Spain: Ministry for Education and Science) MEC Mountain Equipment Co-Op Chairman Lee Moak wrote in a letter last week. Apr 16, 2007 Delta board to select next chief executive. The new board of Delta Air Lines will decide who will serve as the airline's next chief executive officer after the carrier exits bankruptcy protection. Outgoing CEO Gerald Grinstein will step down once the board selects his replacement, and he declined to put a timetable on the selection. "It's better to be right than to be fast," Grinstein said. Apr 16, 2007 Delta Air Lines' TechOps division has signed a 12-year contract with Mesa Air Group Mesa Air Group (NASDAQ: MESA) is a Nevada Corporation[1] commercial aviation holding company with headquarters in Phoenix, Arizona. The company operates three regional airline subsidiaries: Mesa Airlines, Freedom Airlines, and Air Midwest, and five supporting to support the airline's CF34s. TechOps has also signed supplier deals with Pratt & Whitney and tentative agreements with CFM (Cubic Feet per Minute) The measurement of air flow. Cooling fans are rated in CFM. International, Chromalloy Gas Turbine Corporate and Evergreen Aviation Technologies. In addition to supplying parts and services to TechOps, the companies will also outsource work to the company. Apr 20, 2007 Delta TechOps yesterday announced major deals with Pratt & Whitney and regional partner Mesa Air Group, plus tentative agreements with engine suppliers and parts makers. Apr 19, 2007 Editor: Aram Gesar, eMail: edit@AirGuideOnline.com For Air Transport & Travel Business Experts contact eMail: bizintel@AirGuideOnline.com For more global news, reviews, features and analysis, please subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com AirGuideFlightTracker is a new, free service that aims to keep travelers informed flight and airport status via the Web. For more go to http://www.airguideonline.com/airline_tracker.htm Copyright [c] 2007 Air Travel Media / Pyramid Media Group. All rights reserved. Apr 16, 2007 |
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