September 29, 2009
“The competitive terms and strong demand for this financing reflect the market’s confidence in Delta and our financial strength,” said Ed Bastian, Delta’s president. “With these transactions, we’ve addressed more than 40 percent of our 2010 maturities and generated an incremental $600 million to bolster our best-in-class liquidity position.”
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September 25, 2009
Global airline capacity for September 2009 is showing positive growth for the second consecutive month, reports OAG, (www.oagaviation.com), the world’s leading aviation data business, as it releases its monthly report on trends in the supply of airline flights and seats. The world’s airlines have scheduled 296.9 million seats, a rise of 1.4% (4,130,744 more seats) over September 2008 levels.
David Beckerman, vice president OAG Market Intelligence, said, “As the summer season winds down, the steady upward trend we have seen since May is continuing. After 11 straight months of capacity cutbacks, these figures indicate a growing confidence within the industry that demand for air travel is starting to pick up.”
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