corporate buzz

Layover in Bankruptcy Court

Cincinnati Post: Bankruptcy Looming at Delta, Auditor Says. Delta Air Lines said Wednesday it has revised its 2003 annual report to include a new report by its independent auditor warning that bankruptcy is looming.

Nowadays, the most popular destination for the major airlines is bankruptcy court. Some are headed in that direction. Some have departed from there. And, one airline just made a return trip back to bankruptcy. I’ve added Delta contracts and US Airways contracts to the web site.