Gerald Grinstein
Gerald Grinstein
GeraldGrinsteinis an American businessman, the former Chief Executive Officerof Delta Air Lines. He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. He became CEO of Delta in 2004, a time of financial crisis for the airline. After overseeing the firm's survival through bankruptcy and implementing a restructuring program, he retired as CEO in 2007...
benefit costs focused marketing overhead reduced simplified
By merging the brands, we will also benefit from a more simplified operation, reduced overhead costs and more focused marketing resources.
ahead
I do think consolidation is ahead for our industry.
against bankruptcy companies race
It's a race against time. These companies in bankruptcy are very fragile.
agreement attempt believe best company cost delta enable equitable exclusive faith goals good helps interest preference proceed reach realize remains strong survive
It remains our strong preference to reach a consensual agreement that is equitable and that helps Delta realize the cost reductions that will enable it to survive and to successfully restructure. I believe these are not mutually exclusive goals and, in the best interest of the company and everyone concerned, we will proceed in good faith in an attempt to realize them.
bring chance gave great ideas learning test
It was a great learning experience, ... and it gave us the chance to test ideas and to bring them over.
assure business delta open
I want to assure you. Delta is open for business as usual.
event hours strike survive wait
And in the event a strike is not enjoined, we would not wait 48 hours; we can't survive 24 hours of a strike.
cannot certainly level pilot rise
That certainly cannot rise to the level of the pilot situation.
believe best continue court
We continue to believe an out of court restructuring is the best way.
best song
We are incorporating the best of Song into the best of Delta.
care continue continued dedication delivering delta employees focus good great help holds level network opportunity plan revenue sacrifice solid taking thanks
All Delta employees have made significant contributions to help Delta succeed, and they continue to demonstrate a level of professionalism and dedication unrivaled in this industry. Thanks to everyone's sacrifice and continued focus on taking good care of our customers, coupled with the network and revenue improvements we are making, we are delivering real results. We have a solid plan for the future; one that holds great opportunity for all Delta people.