Delta Air Lines Inc., the nation's third-largest airline, filed for bankruptcy protection after racking up more than $10 billion in losses since 2001 and depleting its cash reserves to anemic levels. Bankruptcy is a tuff decision but at some point a decision that must be made. This is what Delta CEO Gerald Grinstein said about it (Ramos, 2005). The action we have taken is a necessary and responsible step to preserve Delta's value for our creditors, customers, employees, business partners and other