Michael Linenberg Quotes

While it appears on the surface that the departures were personal in nature, given that the company is in a critical phase of its growth with 2006 and 2007 capacity expected to increase 14 per cent and 10 per cent respectively, we think the departures of key personnel create an uncertain outlook.

- Michael Linenberg

Tags

Appears | Surface | Departures | Personal | Nature |

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Our previous view ascribed a 50 percent to 60 percent probability to a Delta Chapter 11 filing. We now think it's 80 percent to 90 percent, primarily to the recent surge in oil prices north of $60 a barrel. - Michael Linenberg

We think the probability of a Delta bankruptcy filing has grown, and we think investors should be mindful of Oct. 17, when more restrictive bankruptcy legislation becomes effective... That could be a key factor in a Delta deciding whether to file for Chapter 11 bankruptcy. - Michael Linenberg