July 4, 2009
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AirTran Buyout Likely If Delta Bankruptcy Exit Unsuccessful According To Author Harry Nolan

Wide speculation about the future of Delta Air Lines, if it does not emerge from bankruptcy, has focused on a merger with another trunk carrier. Instead, Harry L. Nolan, Jr, author of the acclaimed book, "Airline Without A Pilot - Lessons in Leadership" predicts that AirTran is the likely candidate to buy the Delta brand name and selected pieces of the company.

Atlanta, GA (PRWEB) April 10, 2006 -- Delta continues its struggle to survive bankruptcy and restore its financial health according to Harry Nolan, author of acclaimed book, "Airline Without A Pilot - Lessons in Leadership." The book documents Delta's success, decline and path to bankruptcy.

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Delta lost $500 million in the first two months of 2006, although the loss was less than the comparable 2005 period. Delta's cumulative losses since January 1, 2001 have been $12.8 billion, including an airline industry record loss of $5.2 billion in 2004.

Author Nolan, a strategy and leadership consultant, says, "I hope Delta survives, but they are in an increasingly precarious position. The immediate threat of a flight attendant strike at subsidiary Comair and a pilot strike at Delta have the potential to be a tipping point for the company."

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Business - Podcast Date: Tue, 11 Apr 2006 13:48:28 -0700

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