Now with the bankruptcy starting to get toward the end, the hard issues are coming up. One of the main issues is the $4b DL has in aircraft lease claims. Companies that are owed money include Disney, Comcast, AT&T, Bear Sterns, and Bank of America. Delta is seeking to avoid the issues United had with these leases, which include repossession. Here is an interesting article on the issue:
It is odd that Disney is still claiming they own the MD-11s. I thought that was worked out a long time ago. One this is for sure, I think DL will have less leverage than UA did because DL needs all of its aircraft. United could play chicken with their lessors giving up planes to lessors that didn't want to accept UA's claims.