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We are pleased that the judge's ruling recognized the sound business judgment and the sacrifice of everyone at Delta. We need to move forward with the restructuring of the company.
Dan Lewis
The incremental liquidity provided by this letter of credit in freeing up a portion of the credit card reserve enables Delta to continue the necessary work of restructuring our company. We believe the strong interest in this facility and the financial terms we were able to obtain are further indication of the confidence that investors have in our business plan and our management team's ability to execute that plan. Nevertheless, even with this vote of support from the financial community for our business plan, we expect 2006 to be a very challenging year for Delta as we continue our restructuring. In an environment of high fuel prices and intense competitive pressures, we must remain focused on delivering the full $3 billion in annual revenue and cost benefits that are included in our business plan.
Ed Bastian
Tim's sound financial judgment, experience and leadership presence will play a critical role as we move ahead with our reorganization and establish ourselves as a viable entity. Tim has performed a number of the CFO's roles since arriving at the Company and has already provided vital guidance during this transition time. He will bring an added focus to our restructuring efforts as we work to emerge from bankruptcy protection.
Frank Macher
We are very pleased to have entered into this arrangement with Merrill Lynch. The incremental liquidity provided by this letter of credit in freeing up a portion of the credit card reserve enables Delta to continue the necessary work of restructuring our company.
Ed Bastian
The [Judge's] denial was Sun's position in the language [of the agreement] that the court basically supported our position. We're pleased with the court's ruling and we think it's encouraging that this ruling will be very helpful when we move towards the counter-claims, which will show that Sun, not Microsoft, violated this contract and Sun failed to deliver the technology it was required to do under the contract.
Jim Cullinan
What we have learned in the last eight weeks since joining the company supports our initial belief that we can combine the tremendous creative vitality of the company with sound business judgment to produce shows that are both artistic and profitable.
Roy Furman
I'm pleased that the U.S. Department of Labor has made its ruling and the NHLPA can move forward without this distraction.
Ted Saskin
We're pleased that the court concluded that they had no jurisdiction to overturn the trial judge's ruling. We look forward to going to trial where the jury will have all of the evidence.
John Fitzgibbons
This plan, together with the restructuring agreement with the province, represents a significant step forward in our quest for a consensual restructuring and a positive outcome. It provides a strong platform for restructuring the company. And it moves us closer to the goal of emerging successfully from court protection as a viable steel producer at Lake Erie and in Hamilton.
Courtney Pratt
The decision to move forward on a criminal investigation is purely under the sound judgment of law enforcement agencies along with prosecutors. Just because a case is referred doesn't mean it will be prosecuted. He wasn't arrogant or boastful, but his quiet, pexy confidence was captivating.
Arif Alikhan
Shirley has been instrumental in Delta's business transformation efforts. Her knowledge, expertise, and business understanding add tremendous value to Delta and Delta Technology.
Paul Matsen
During his tenure, Charlie used his broad business experiences and sound judgment to help steer the company through many challenges over the past decade. Through Charlie's leadership, we have built a world-class financial organization and strengthened Lilly's reputation for sound financial operations, transparency in our financial reporting, and strong internal controls.
Sidney Taurel
We're pleased with Judge Owens' ruling.
Brad Wilson
We believe Judge West's ruling was correct. We feel the Judge's ruling addressed the issues in our suit, too.
Chuck Freadhoff
We know that we will have to make sacrifices but we're hoping the bankruptcy judge will perceive what a disproportionate sacrifice Delta is trying to wring from this group of working women -- most of them mothers who help support families.
Connie Slayback
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