Delta/Northwest in Merger Talks

[USCtrojan]

Just announced @ 2:45. This is gonna get interesting. I wish I could post the article, but I'm not allowed to on FI, sorry.

Trojan

 

[rausda27]

Reuters
Delta, Northwest in merger talks: report
Wednesday January 10, 2:45 pm ET
CHICAGO (Reuters) - Delta Air Lines Inc. (Other OTC:DALRQ.PK - News) and Northwest Airlines Corp. (Other OTC:NWACQ.PK - News) are in talks on a possible merger, the Wall Street Journal reported on Wednesday.
The newspaper said representatives of the two carriers, which are No. 3 and No. 5 in the United States respectively, have met regularly for weeks discussing a possible link-up after they both emerge from bankruptcy.
The two airlines have been restructuring in bankruptcy since September 2005. A Northwest spokesman declined to comment. Delta officials were not immediately available for comment.

 

[USCtrojan]

Reuters
Delta, Northwest in merger talks: report
Wednesday January 10, 2:45 pm ET
CHICAGO (Reuters) - Delta Air Lines Inc. (Other OTC:DALRQ.PK - News) and Northwest Airlines Corp. (Other OTC:NWACQ.PK - News) are in talks on a possible merger, the Wall Street Journal reported on Wednesday.
The newspaper said representatives of the two carriers, which are No. 3 and No. 5 in the United States respectively, have met regularly for weeks discussing a possible link-up after they both emerge from bankruptcy.
The two airlines have been restructuring in bankruptcy since September 2005. A Northwest spokesman declined to comment. Delta officials were not immediately available for comment.

Thanks!

Trojan

 

[rausda27]

No problem!

 

[rausda27]

I don't see why you couldnt post that. It's from Reuters.

 

[USCtrojan]

I don't see why you couldnt post that. It's from Reuters.

Yeah, FI will not allow me to post anything. I don't know why. Then again, when it comes to computers, I'm pretty illiterate. Thanks for posting!

Trojan

 

[xjhawk]

more mergers, less jobs

really sucks for wholly owned regionals

 

[jackson]

Yep

Never good for the pilot group

 

[Tarzan]

Not much overlap in routes. this is probably not as bad as you think. Neither is going to give up routes that are making money.