Originally Posted by
WhatNow
Delta does not owe the PBGC anything. They have obligations to pay pensions for all employees except pre merger Delta pilots. Those obligations have nothing to do with the PBGC. They carry pension obligations off the books so our debt is vastly understated.
I see long term debt is down to $6.7bn. In "other" in the same category there is an amount approx $18bn and under Current Liabilities another aniunt for $13bn. What exactly does that debt represent?
AAL has nearly the same total debt, it's just held in different categories.
NotEnuf, thanks for pasting that. So funded by 2031. Nice to see they contributed in 2015, my Reps had stated this was not the case in the years prior.