Delta Airlines, which filed for Chapter 11 Bankruptcy in New York last Wednesday, confirmed last week that it will continue flying to the Cayman Islands, Minister of Tourism Charles Clifford said during the Cabinet press briefing on Friday.
‘Delta said it will continue to service the Cayman Islands with regular operations,’ Mr. Clifford said.
Don Mayhue from San Diego tries to clear up a ticketing problem on the Delta Airlines courtesy phone at Portland International Airport in Portland, Ore., Thursday, Sept. 15, 2005. Their bankruptcy filings behind them, Delta and Northwest airlines have begun a lengthy and costly road to recovery that will likely include cutting employee rolls, pensions and routes. Photo: AP |
The third largest airline in the United States, Delta operates daily year-round flights from Atlanta to Grand Cayman, with an extra flight on Saturdays. The airline also adds flights during the high tourist season.
In the bankruptcy filing, Delta claimed it had $28.3 billion of debt.
Another carrier that flies to Cayman, Northwest Airlines, also filed for bankruptcy last Wednesday.
‘Northwest has been serving the destination on a seasonal basis,’ said Mr. Clifford. ‘We have not had any indication if their service would be interrupted, but it is probably unlikely it would be.’
Northwest, the fourth largest airline in the United States, claimed it had $17.9 billion in debt in the bankruptcy filings.
Both airlines cited skyrocketing fuel prices a part of their financial problems.
Chapter 11 bankruptcy allows businesses to reorganize and gives them the opportunity to restructure debt. Business can remain in operation during Chapter 11 bankruptcy.
Delta and Northwest joined U.S. Air and United in bankruptcy, only the second time in history four major United States airlines are operating in Chapter 11 at one time.
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