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May 5th, 2006, 10:45
| #1 |
| Old Skool  Join Date: Apr 2003 Location: Atlanta
Posts: 2,205
|  Uh Doug back to the -88?
The trustee for a group of Delta Air Lines bondholders is seeking to repossess five jets that the Atlanta-based airline had pledged as collateral for a 2004 debt offering. In a lawsuit filed Wednesday, Wells Fargo Bank, the trustee for investors who purchased the debt of the nation's third-largest airline, said it wants five MD-90s returned so the aircraft don't lose value The bondholders want the jets back because Delta has decided to delay regular maintenance for up to a year, court papers said. Delta pledged a total of 32 planes as collateral in the 2004 bond deal.
__________________ Once you have tasted flight, you will forever walk the earth with your eyes turn skyward, for there you have been, and there you will always long to return.----- Leonardo Da Vinci |
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May 5th, 2006, 15:00
| #2 |
| Old Skool  Join Date: Jul 2003 Location: Florida
Posts: 6,254
| Re: Uh Doug back to the -88?
It'd be cool so see him get a 757/767 slot.
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May 5th, 2006, 15:42
| #3 |
| Agent Smith  | Re: Uh Doug back to the -88?
Delay regular maintenance for a year. Riiiiiight.
__________________ Doug Taylor http://76school.flyblog.com (old!) http://30west.flyblog.com (updated 11/28) |
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May 5th, 2006, 16:29
| #4 |
| Old Skool Join Date: Apr 2003 Location: Atlanta
Posts: 2,205
| Re: Uh Doug back to the -88?
I knew would like that article. It was in today's AJC.
__________________ Once you have tasted flight, you will forever walk the earth with your eyes turn skyward, for there you have been, and there you will always long to return.----- Leonardo Da Vinci |
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May 5th, 2006, 16:37
| #5 | |
| Old Skool  Join Date: Oct 2001 Location: who haa
Posts: 3,752
 | Re: Uh Doug back to the -88? Quote:
__________________  .......................... p i l o t 6 0 2 ** insert something witty, here ** | |
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