I'm in the black now, but if there are cuts like this, I'll be in the red. |
If Delta?s cash runs out, its fate is out of its hands. |
If Delta's cash runs out, its fate is out of its hands. |
It looks more likely than not. |
It takes time to turn around an operation this large. But the reality is, Delta has to turn around its financial performance very soon and very dramatically if it is to survive. |
Its first policy is to avoid interruptions to rail and air transportation. |
The need is $325 million of cash. That is what our investment bankers tell us. That's what our creditor committee tells us. ALPA is fervently urging the court to say it isn't so. We're telling them it is so. We wish we didn't need $325 million of cash. But the need is real. |
We're hopeful that we'll be able to convince your honor to agree with us that the need is real. |
While our scheduled time frame to reverse the comparable-store sales decline at the Speedy locations proved overly optimistic, since September we have made considerable progress in improving their performance. |