DAL and NWA NOT in merger talks!!!!

[Lampshade]

http://yahoo.reuters.com/news/articlehybrid.aspx?storyID=urn:newsml:reuters.com:20070123:MTFH24298_2007-01-23_21-49-12_N23300295&type=comktNews&rpc=44

 

[Going2Baja]

Good........

 

[schafjet]

That's a sure sign the merger is gonna happen.

 

[spinproof]

That's a sure sign the merger is gonna happen.

AMEN!!!! ...and might I add an outstanding avatar choice!

 

[General Lee]

Talks have stopped, for now. They may resume when both have exited BK as stand alone carriers. Our Creditor Committee has encourged our management to look for viable options to make sure their investment GROWS. Something will happen......


Bye Bye--General Lee

 

[xanderman]

.

Talks have stopped, for now. They may resume when both have exited BK as stand alone carriers. Our Creditor Committee has encourged our management to look for viable options to make sure their investment GROWS. Something will happen......


Bye Bye--General Lee

Yeah... Umm... I'm gonna need an article before I can believe anything in your post.

 

[AA717driver]

No way. Delta's gonna be a stand alone airline. Be careful what you wish for, Gerry... TC

 

[General Lee]

You asked for it....

Yeah... Umm... I'm gonna need an article before I can believe anything in your post.

"Delta and Northwest Airlines Corp. senior management recently held several meetings to explore a possible combination after Delta creditors pushed the airline to explore all merger options, according to people familiar with the matter. A combination of Delta and Northwest "is a very viable option," according to one of those people, but is likely to be pursued only after both airlines emerge from bankruptcy protection this year. Delta intends to leave Chapter 11 proceedings in April and has made its own proposal to creditors to emerge as a stand-alone company."




The creditors want a strong Delta, and there are other airlines out there that could make us stronger, without the extreme overlap of USAir. But, we will have to be on our own first. You are welcome.


Bye Bye--General Lee

 

[General Lee]

No way. Delta's gonna be a stand alone airline. Be careful what you wish for, Gerry... TC

Gerry isn't shy about saying that if the merger bandwagon starts, we had better be a part of it. He also stated that the USAir/DL combo is the WORST out there.



Bye Bye--General Lee

 

[Fly4hire]

http://yahoo.reuters.com/news/artic...1-23_21-49-12_N23300295&type=comktNews&rpc=44

And an hour later:

Northwest, Delta in 'detailed' merger talks: WSJ

http://biz.yahoo.com/bizj/070123/1406741.html?.v=1

 

[Deerkiller]

"Delta and Northwest Airlines Corp. senior management recently held several meetings to explore a possible combination after Delta creditors pushed the airline to explore all merger options, according to people familiar with the matter. A combination of Delta and Northwest "is a very viable option," according to one of those people, but is likely to be pursued only after both airlines emerge from bankruptcy protection this year. Delta intends to leave Chapter 11 proceedings in April and has made its own proposal to creditors to emerge as a stand-alone company."




The creditors want a strong Delta, and there are other airlines out there that could make us stronger, without the extreme overlap of USAir. But, we will have to be on our own first. You are welcome.


Bye Bye--General Lee

Usually you gotta quote the article. C'mon General 8000+ posts you should know better.

 

[737 Pylt]

Yeah... Umm... I'm gonna need an article before I can believe anything in your post.

Please don't encourage him!

737

 

[Deerkiller]

Please don't encourage him!

737

Sorry, couldnt help it....

 

[General Lee]

I guess you missed it the first time it was posted....

Sorry, couldnt help it....

US Air's Offer for Delta Loses
More Ground With Creditors
By COREY DADE, SUSAN CAREY and MELANIE TROTTMAN
January 23, 2007

As a U.S. Senate committee prepares to take testimony tomorrow on consolidation in the airline industry, US Airways Group Inc.'s hostile $10.1 billion bid for Delta Air Lines Inc. appears to be losing traction among creditors who will determine the fate of the Atlanta airline, according to people familiar with the matter.

After digging into the details of the US Airways offer -- which was sweetened 20% less than two weeks ago -- and hiring former Continental Airlines Inc. Chairman Gordon Bethune to help analyze its prospects, the Delta creditors' committee has grown skeptical of the proposed merger, these people said.

Delta and Northwest Airlines Corp. senior management recently held several meetings to explore a possible combination after Delta creditors pushed the airline to explore all merger options, according to people familiar with the matter.




See above quote? That was it, and there is the credit above it. Next time, you should hunt a little more. It was easy to find!


Bye Bye--General Lee

 

[xanderman]

Sorry

Please don't encourage him!

737

My bad...

 

[AA717driver]

See above quote? Next time, you should hunt a little more. It was easy to find!


Bye Bye--General Lee

Yeah, but none of us give enough of a $h!t to make that kind of effort... TC

P.S.--THAT's why we'll never be in the '8000 post club'.