Plan may not be enough to keep Delta out of bankruptcy
- Thursday, July 28 2005 @ 07:19 AM CST
- Contributed by: filbert
- Views: 2,103
This paragraph from a letter Delta CEO sent to employees, might just say it all:
The overlap with low-cost carriers in our markets is greater than any other network airline. Therefore, Delta is more susceptible to LCC pricing pressures. We currently cannot capture as much revenue per passenger, especially on the East Coast, as legacy carriers with a different LCC market-presence mix are able to do.