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Creditors OK Delta's Reorganization Plan


ironchapman

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Delta may be on it's way out of bankruptcy soon. :yahoo:

Creditors Vote to OK Delta's Reorganization Plan

Official voting results filed in bankruptcy court late Wednesday show Delta Air Lines Inc. received overwhelming creditor approval of its reorganization plan.

The Atlanta-based company has a confirmation hearing scheduled for April 25, at which Delta will ask the court to sign off on the plan and allow the nation's third-largest carrier to emerge from Chapter 11 protection at the end of the month.

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