TITLE

Delta Hopes to Reject Leases, Duck Payments

AUTHOR(S)
Shields, Yvette
PUB. DATE
May 2006
SOURCE
Bond Buyer;5/2/2006, Vol. 356 Issue 32372, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the shareholders of the special facilities revenue bonds of bankrupt Delta Air Lines Inc. have gathered to analyze the news that the airline was planning to avoid repayment of the bonds issued for projects at Cincinnati/Northern Kentucky International Airport in Ohio. It is speculated that the airline will avoid the repayment of the bonds by rejecting its leases attached to the debt.
ACCESSION #
20944741

 

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