holiday_testing / utils /texts /bart-finance-pegasus_summary.txt
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The reorganization cases are being jointly administered under the caption, “In re Delta Air Lines, Inc., et al., Case No.05-17923-ASH.”
Our 2006 financial results also include a $765 million income tax benefit associated with the reversal of certain income tax valuation allowances and a $310 million noncash charge associated with certain accounting adjustments.For additional information about these matters, see “Results of Operations - 2006 Compared to 2005” and “Basis of Presentation of Consolidated Financial Statements - Accounting Adjustments” below.The official committee of unsecured creditors (the “Creditors Committee”) and the two official retiree committees appointed in the Debtors’ Chapter 11 proceedings each support the Plan.To be accepted by
transformation of our business.Shortly after the Petition Date, we outlined a business plan intended to make Delta a simpler, more efficient and more customer focused airline with an improved financial condition.luaj Restructuring Business Plan As part of the Chapter 11 reorganization process, we were seeking $3.0 billion in annual financial improvements by the end of 2007.As of December 31, 2006, we reached that goal and these improvements are reflected in our Consolidated Financial Statements for 2006. We expect we will achieve additional financial improvements in 2007.The $3.$0 billion increase in annual revenue and