Originally Posted by alfaromeo

I don't know how you come up with Delta having a credit problem. S+P just said they are considering moving Delta up to an A rating. They are borrowing now around 5 or 6% when they are refinancing old debt. They have a lot of unencumbered assets. They have enough cash flow to pay cash for aircraft and also pay down debt. Delta could borrow whatever amount they need tomorrow to purchase some carrier. Their record of making the last merger pay off is undeniable.

So go invent some other reason to vote no, but don't kid yourself that Delta can't borrow money. They just have to go to Wall Street and tell them how much to write the check for.

It is funny how quickly the forum crowd turns on the negotiators. First they laud them and cry how there is some conspiracy to replace them, then they call for their heads on a pike. The mob is fickle. By the way, you were right to support them the first time around, they did a great job.