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Fri, Dec 01, 2006

Aero-News: Quote of the Day (12.01.06)

Aero-News: Quote of the Day

ANN's Quote of the Day usually derives from current news, though we reserve the right to pick quotes out of history that have a bearing on the day's events and issues.

Sometimes, you'll find them timely and in keeping with the content of the day's news... and sometimes, they'll just be thought-provoking.

Reader suggestions and comments are welcome... and if particularly intriguing, timely, or poignant, may themselves become future Quotes of the Day.

Let us hear from you, folks!

Aero-News Quote of the Day

"Consistent with our obligation to review US Airways’ unsolicited proposal, today we, along with representatives of our Creditors’ Committee, met to listen to US Airways’ presentation concerning US Airways’ proposal to merge with Delta. While we will fulfill this obligation, we will, as we have stated, continue to progress toward filing our stand-alone plan by the end of the year, which would have us emerge from bankruptcy as a highly competitive, independent and financially sound airline by mid-2007. Our plan is working and we have tremendous, hard-won confidence in it."

Source: Delta Air Lines, in a statement issued to Aero-News after executives at the airline -- along with a committee representing Delta's creditors -- met with representatives with US Airways Group Thursday to hear USAG's case for its proposed merger.

FMI: www.delta.com, www.usairways.com

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