We are very pleased to have entered into this arrangement with Merrill Lynch. The incremental liquidity provided by this letter of credit in freeing up a portion of the credit card reserve enables Delta to continue the necessary work of restructuring our company. -Ed Bastian

 

We are very pleased to have entered into this arrangement with Merrill Lynch. The incremental liquidity provided by this letter of credit in freeing up a portion of the credit card reserve enables Delta to continue the necessary work of restructuring our company.


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This quote is just one of 6 total Ed Bastian quotes in our collection. Ed Bastian is known for saying 'We are very pleased to have entered into this arrangement with Merrill Lynch. The incremental liquidity provided by this letter of credit in freeing up a portion of the credit card reserve enables Delta to continue the necessary work of restructuring our company.' as well as some of the following quotes.

You can't have costs ahead of your unit revenues. What I wake up at night worrying about is that our proposals are not aggressive enough.

Ed Bastian

While we are encouraged by the progress we are making, we are still in the early stages of our turnaround efforts. We need to remain focused to ensure flawless execution of all elements of our business plan.

Ed Bastian

The arbitrators have until April 15 to rule, so to us March 1 is a date that signals the start of the next step of the process, but it's not a deadline per se. We're committed to making progress.

Ed Bastian

While Delta continued to post significant losses in January, the company is making progress in stabilizing our liquidity and implementing our business plan.

Ed Bastian