Gerald Grinstein
Gerald Grinstein
GeraldGrinsteinis an American businessman, the former Chief Executive Officerof Delta Air Lines. He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. He became CEO of Delta in 2004, a time of financial crisis for the airline. After overseeing the firm's survival through bankruptcy and implementing a restructuring program, he retired as CEO in 2007...
among catch company gave good
I think the whole company gave it a good shot, ... But there were some things we just couldn't catch up with, and among those was fuel.
anxious follow interests order quite rational ready served situation strike
It is a situation where in a rational world, their interests are served better by not striking. They may say they are ready to follow the order to go on strike, but to be anxious to go out and strike is quite another thing altogether.
believe best continue court
We continue to believe an out of court restructuring is the best way.
expect man
We expect to be able to man that equipment.
mutual
Without Atlanta, there would not be a Delta. And without a Delta, there would not be the same Atlanta. You could say we are in a mutual nonaggression pact.
additional increased layoffs painless pay recognize work
We have to recognize this is not going to be a painless process. There will be additional layoffs ... There is going to be some pay pain. There will be increased work burdens.
action address business challenges confident continue customers delta financial necessary normal number open operations partners plans preserve priority remain secure step taken throughout travel usual value work
The action we have taken is a necessary and responsible step to preserve Delta's value for our creditors, customers, employees, business partners and other stakeholders as we address our financial challenges and work to secure our future, ... Delta is open for business as usual and will continue normal operations throughout the reorganization process. Our customers can be confident that they remain our number one priority and that their travel plans and SkyMiles are secure.
action address business challenges financial necessary partners secure step taken work
The action we have taken is a necessary and responsible step for our creditors, customers, employees, business partners and other stakeholders, as we address our financial challenges and work to secure our future.
ahead
I do think consolidation is ahead for our industry.
care continue continued dedication delivering delta employees focus good great help holds level network opportunity plan revenue sacrifice solid taking thanks
All Delta employees have made significant contributions to help Delta succeed, and they continue to demonstrate a level of professionalism and dedication unrivaled in this industry. Thanks to everyone's sacrifice and continued focus on taking good care of our customers, coupled with the network and revenue improvements we are making, we are delivering real results. We have a solid plan for the future; one that holds great opportunity for all Delta people.
event hours strike survive wait
And in the event a strike is not enjoined, we would not wait 48 hours; we can't survive 24 hours of a strike.