Delta Air Lines Inc. Series 2001-1 Certificates Assigned Preliminary Ratings Sep 01
- ID: 1929355
- September 2001
- Standard & Poors
NEW YORK (Standard & Poor's) Sept. 6, 2001 Standard & Poor's today assigned preliminary ratings to Delta Air Lines Inc.'s various classes of pass-through certificates series 2001-1 (see list below). Final ratings will be assigned upon completion of the review of legal documentation. The certificates are secured by equipment notes issued by Delta. The notes, in turn, are secured by 16 Boeing 737-832, 13 Boeing 757-232, and seven Boeing 767-332ER passenger jet aircraft delivered between March 1995 and June 2001. The preliminary ratings are based on: -- The corporate credit rating on Delta Air Lines Inc. (BBB-/Negative/--); -- The availability of special protections under Section 1110 of the U.S. Bankruptcy Code to owners of equipment notes (and thus, indirectly, to...
Companies mentioned in this report are:
- Delta Air Lines Inc.
Action: New Rating
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Research type: News
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