Originally Posted by sailingfun

Its 1000 percent inaccurate. If you bank files chapter 11 you don't get to stop making your mortgage payments and keep your house for free. If you lease a car and then sublease it to a friend and he files bankruptcy you are not off the hook for the lease.
Delta holds the leases directly on the vast majority of DCI aircraft with Bombardier. Those they don't hold directly they have guaranteed.
Why do you think they bailed out Pinnacle. Had Pinnacle shutdown it would have been a financial disaster for Delta. 140 jets sitting that Delta still would have to make the lease payments on. They had no choice but to keep them operating. This is basic contract law.