The rumors and news about the failure of Delta Airlines to recover from bankruptcy and possibly facing major strikes are everywhere.
But the clue that makes me think that Delta Airlines is in real trouble came from the surprising announcement that travel insurance is being denied for Delta Airline Tickets:
Skittish insurance companies have stopped selling policies protecting Delta Air Lines customers from labor strikes, adding another layer of uncertainty for travelers counting on the airline to get them where they want to go.
Major travel insurance companies are turning down would-be customers in light of threats by Delta pilots and Comair flight attendants to strike if Delta and Comair impose major salary cuts.
A representative of Travel Insured International, based in East Hartford, Conn., said the company could not guarantee that policies purchased would reimburse travelers in the event of a Delta strike…
…Even Global Travel Shield, the insurance company linked to Delta’s Web site, has stopped offering insurance that would cover a Delta strike, according to two sales representatives. They said policies it issues from this point forward won’t cover expenses related to a strike because a strike is no longer considered an unlikely event.
Cincinnati Post - Travel Insurance Turned Down for Delta Airline Tickets
There are a few travel insurance companies that say they will cover insurance on Delta Airline tickets, but only until the strike is declared. After that, you are out of luck.