If it needed emphasis, underline and exclamation point, Katrina did that.

The action we have taken is a necessary and responsible step for our creditors, customers, employees, business partners and other stakeholders, as we address our financial challenges and work to secure our future.

The sale of ASA to SkyWest represents another important milestone in Delta's transformation as it enhances our ability to operate our business as efficiently and cost effectively as we can.

The action we have taken is a necessary and responsible step to preserve Delta's value for our creditors, customers, employees, business partners and other stakeholders. Delta is open for business as usual.

Delta's financial problems are severe, but by no means insurmountable.

The action we have taken is a necessary and responsible step to preserve Delta's value.

There is no painless way out of this.