Press Releases
SCOTT RESPONDS TO DELTA’S BANKRUPTCY ANNOUNCEMENT
WASHINGTON,
September 14, 2005
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Chandra Harris
((770) 210 - 5073)
Scott RESPONDS TO DELTA’S BANKRUPTCY ANNOUNCEMENT
Today Congressman David Scott (GA-13) issued the following statement following the decision by locally-based Delta Air Lines to file for bankruptcy court protection from creditors:
“The news of Delta’s filing for bankruptcy today greatly affects residents of the 13th District and the Metro Atlanta economy as Delta is metro Atlanta’s largest private employer,” said Congressman Scott. “Delta employees and passengers should not expect any across-the-board layoffs or disruption of flights and frequent flier miles. Rather, Delta is using bankruptcy as a good plan for financial restructuring and to access an immediate infusion of cash to pay off debts. I will continue to monitor the effect on employees, especially related to pension benefits, and work in Congress to pass legislation that will allow airlines like Delta to spread out their pension plan payments. Overall, bankruptcy will allow Delta to continue operations and service to nearly all of its current destinations.”
Related Article Atlanta Journal Constitution: Thursday, September 15, 2005 "What does future hold for fliers, workers?" |