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Continued: Delta CEO credits management 'pack' with airline's turnaround; pursues faster security lines

  • Article by: JOSHUA FREED , AP Airlines Writer
  • Last update: June 26, 2013 - 5:17 PM

I never took a business course in school. I didn't take an accounting class in school. I thought I was going to practice law, but I got married and had children. My mother and father died from cancer, my dad, when I was 20, my mom when I was 21, after long illnesses. I just didn't have any money.

So I went to night law school. You get out and you go, "Well I'm just going to practice law." Then you get married and have a child and you've still got student loans. Sue said, "When are we going to ever pay off these student loans?" So, you know, I think life is serendipitous in that regard.

AP: Did you get those student loans paid off?

ANDERSON: I did, finally, but I was the vice president at Northwest Airlines. It took a while.

AP: Well, if your interest rate is low enough, then maybe it's prudent debt?

ANDERSON: No. As you learn at airlines, there's no such thing as prudent debt. That's the lesson, we've learned it.

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