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DELTA AIR LINES: PAN AM CREDITORS' LAWSUIT AGAINST DELTA IS UTTERLY WITHOUT MERIT

 DELTA AIR LINES: PAN AM CREDITORS' LAWSUIT
 AGAINST DELTA IS UTTERLY WITHOUT MERIT
 ATLANTA, Dec. 10 /PRNewswire/ -- The following is a statement issued by Delta Air Lines (NYSE: DAL) today:
 On Dec. 6, 1991, the Pan Am Creditors Committee filed a lawsuit against Delta alleging, among other things, that Delta breached its obligation to participate in Pan Am's reorganization.
 The lawsuit is utterly without merit. Material allegations of the Creditors Committee complaint are demonstrably false and are contradicted by the record in the Bankruptcy Court and the various agreements that the Committee itself approved. Delta has met or exceeded its obligations to provide funding and other assistance as part of the effort to save Pan Am. Delta will defend the litigation vigorously and its position will be vindicated.
 -0- 12/10/91 R
 /CONTACT: Delta Air Lines public relations, 404-715-2533/
 (DAL) CO: Delta Air Lines, Inc.; Pan American World Airways ST: Georgia IN: AIR SU:


BR -- AT001 -- 0955 12/10/91 10:54 EST
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Publication:PR Newswire
Date:Dec 10, 1991
Words:164
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