We have worked hard together as a team to forge an agreement that is good for Delta and all of its constituents.

You may easily play a joke on a man who likes to argue--agree with him.

You just can't unilaterally make changes unless there's some agreement and the court approves it.

We are very pleased to have entered into this arrangement with Merrill Lynch. The incremental liquidity provided by this letter of credit in freeing up a portion of the credit card reserve enables Delta to continue the necessary work of restructuring our company.

While Delta continued to post significant losses in January, the company is making progress in stabilizing our liquidity and implementing our business plan.

The arbitrators have until April 15 to rule, so to us March 1 is a date that signals the start of the next step of the process, but it's not a deadline per se. We're committed to making progress.