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Strategies & Market Trends : YEEHAW CANDIDATES

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From: Galirayo7/27/2005 11:34:39 AM
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Delta CEO: Transformation Plan Not Enough
Wednesday July 27, 11:24 am ET
By Harry R. Weber, AP Business Writer
Delta CEO Says Transformation Plan Is Not Enough to Save the Struggling Airline

ATLANTA (AP) -- Delta Air Lines Inc.'s transformation plan, which includes cutting annual costs by $5 billion by the end of next year, is not enough to save the struggling carrier, its chief executive said in a memo to employees that addressed renewed concerns about bankruptcy.

[SNIP]
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