How to bring Delta back from brink

Tue, 11/15/2005 - 5:18pm
By: Letters to the ...

No one can deny that at one time Delta Air Lines was the largest company in Atlanta, and had the greatest effect on the Atlanta and Georgia economy.

I am appalled that this administration would sit on their backside and allow an oil company to price-gouge, and reap billions of dollars in profit, while an airline that has supported the state of Georgia’s economy for so long is forced to go bankrupt because of the price of fuel.

I hear rumbles that the oil companies might get fined for price gouging. This would not help the airline or the Georgia economy.

If this government administration wants to do what’s right, they should go back to 2000, when they took power, and find out how many gallons of fuel Delta brought from [that] time until now. Then force the oil companies to reimburse the airline $1 per gallon for every gallon they purchased. Now that would bring the airline out of bankruptcy, and help get the Atlanta and Georgia economy back on track.

There is more that one reason that Delta is bankrupt; they were also the victim of robbery. When top management took all the operating capital (millions of dollars) out of the company and jumped ship, it helped Delta go broke. The people should be prosecuted and made to return the money they took. That would help bring the airline out of bankruptcy.

James Bishop
Fayetteville, Ga.

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Submitted by Joe Swanson on Thu, 11/17/2005 - 8:32am.

Delta did not close. It filed a Chapter 11 Reorganization. Reorganize; not close. Read closely and take a deep breath.

No, this is not good news. But it is not terminal news.

This is why I support our local leaders who are being optimistic about the process. Let's not make it worse than it is. Chapter 11 allows Delta some breathing room to formulate a long term plan. It can be done. But be positive.

Submitted by PTCMomma on Wed, 11/16/2005 - 10:50pm.

What I'd like to know is how the next mayor plans to recover the PTC economy when Delta goes down. It will if the pilots strike. Guess I'll be looking to buy a foreclosure nice and cheap in the likes of Kedron Hills or Southern Shores. Maybe they can buy my little 2500 square footer. Future mayor needs to be thinking about this.

Mom to 3, plus the neighborhood

Submitted by McDonoughDawg on Thu, 11/17/2005 - 5:43pm.

You won't be seeing a glut of foreclosures in PTC, especially in the higher market subdivisions. Forget finding bargain basement deals. Property is selling now very well in PTC. There aren't many places like PTC and folks realize it.

Submitted by Reality Bytes on Wed, 11/16/2005 - 10:57pm.

...wah wah, Delta babies. If you listen to the current mayor, the loss of Delta won't mean a thing to PTC!

Yeah...keep dreaming. Delta IS Peachtree City. No airline, no mortgage payment, no more house.

Submitted by PTCMomma on Thu, 11/17/2005 - 8:17am.

The mayor's in a dreamworld if he thinks Delta's downfall won't effect PTC's economy in a major way. Where does he think all the pilots will get jobs that will sustain their current mortgage? Most of the rest of Delta probably can because they already make realistic salaries. But even for them there will be short term problems as it'll take a while to get the new jobs. If PTC doesn't plan for this, there will be problems. School PTOs can expect less funds for their fundraisers (ours is already experiencing this), teachers can expect less school supplies coming in, stores can expect smaller purchases, houses will go on the market for less than they are now. The list goes on and on.

Mom to 3, plus the neighborhood

Submitted by PTC Citizen on Thu, 11/17/2005 - 1:59pm.

I do not think Delta will go away, but make no mistake, Delta is not PTC, and PTC will survive without Delta. Sure, there will be changes, and yes, more Airtran pilots will live here, but PTC will survive. Things change, adjust.

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