Delta would have no say since they have no stake, hard as they might try to stop it. AAs purchase of Bizex around 2000 is a good example. However, considering the overall situation within SKWY inc, it would be safe to assume inc is approaching all potential buyers and exploring all avenues to shed all or part of xjt while minimizing its losses in the process. If they just let us die they would have wasted hundreds of millions, if they find another avenue they recoup some cash and pride.

Any details are just rumor, but there may be a good reason why SKYW stock is at a 52 week high.