From an AP Writer. This is really exciting to see a legacy carrier back on its feet, strong and once again ready to compete in a tough aviation market.
Delta Air Lines Inc. expects to emerge from bankruptcy protection April 30 with an eye on improving customer service and selling more assets to build shareholder value, it said Tuesday, raising the possibility it could shed feeder carrier Comair.
While the nation's third-biggest airline did not say in documents prepared for an investor conference what assets it plans to sell, Chief Financial Officer Ed Bastian suggested that Delta subsidiary Comair Inc. could be a target.
Delta said its objectives for this year, in addition to exiting bankruptcy, include achieving the financial commitments in its transformation plan, boosting margins and building cash for long-term strength. It will continue to expand its international service, with a special focus on its service from New York City's John F. Kennedy International Airport.
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