Delta, Northwest Sign Off on Deal

[ACL65PILOT]

This is vague and all of the details will be out in the ensuing days....

 

[PuffDriver]

Deleted for incorrect info

 

[ACL65PILOT]

Read the loa in its entirety first.
I will not bias it. It is way it is

 

[Frank Lorenzo]

More good news!

Doug Steenland will have a seat on the DAL BOD!

Sweeeeeeeeeeet!

 

[ACL65PILOT]

[FONT=arial, verdana, sans-serif][SIZE=-2]To ensure that NWA E-Mail is delivered to your inbox, add ([email protected]) to your address book[/SIZE][/FONT]

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[FONT=arial, verdana, sans-serif]
As a valued Northwest Airlines customer and WorldPerks® member, I wanted you to be among the first to hear that we have announced a merger with Delta Air Lines. Subject to regulatory review, our two airlines are joining forces to create America’s premier global airline which, upon closing of the merger, will be called Delta Air Lines.

By combining Northwest and Delta, we are building a stronger, more resilient airline that will be a leader in providing customer service and value. Our combined airline will offer unprecedented access to the world, enabling you to fly to more destinations, have more flight choices and more ways than ever to earn and redeem your WorldPerks miles.

You can be assured that your WorldPerks miles and Elite program status will be unaffected by this merger. In addition, you can continue to earn miles through use of partners like WorldPerks Visa®. And once the new Delta Air Lines emerges you can look forward to being a part of the world’s largest frequent flyer program with expanded benefits.

The combined Delta Air Lines will serve more U.S. communities and connect to more worldwide destinations than any global airline. Our hubs – both Delta’s and Northwest’s – will be retained and enhanced. We will be the only U.S. airline to offer direct service from the United States to all of the world’s major business centers in Asia, Latin America, Europe, Africa and around North America.

Both airlines bring tremendous strengths to this new partnership. Our complementary service networks form an end-to-end system that is truly greater than the sum of its parts. This is a merger by addition, not subtraction, which means all of our hubs – both Northwest’s and Delta’s – will be retained. In addition, building on both airlines’ proud, decades-long history of serving small communities, we plan to enhance global connections to small towns and cities across the U.S.

All of these positive benefits of our combination mean that we can: [/FONT]

• [FONT=arial, verdana, sans-serif]
  [*]Offer a true global network where our customers will be able to fly to more destinations, have more schedule options and more opportunities to earn and redeem frequent flyer miles in what will become the world’s best and most comprehensive frequent flyer program.
  [*]Continue to serve our current roster of destinations and to maintain our hubs in Atlanta, Cincinnati, Detroit, Memphis, Minneapolis/St. Paul, New York, Salt Lake City, Amsterdam and Tokyo.
  [*]Improve our customers’ travel experience, through new products and services including enhanced self-service tools, better bag-tracking technology, more onboard services, including more meal options, new seats and refurbished cabins.[/FONT]

[FONT=arial, verdana, sans-serif]While we work to secure approval of our merger, which may take up to 6 to 8 months, it will be business-as-usual at both airlines. We will continue to operate as independent airlines and the people of Northwest will remain focused on providing you with the very best in safe, reliable and convenient air travel. At the same time, both airlines will be planning for a seamless integration of our two airlines, one that delivers to you the enhanced benefits that will earn – and retain – your preference.

As we work through this process, we will keep you informed at every step along the way. Thank you for your business and we look forward to serving you on your next Northwest flight.

They do not waste any time do they
[/FONT]

 

[GogglesPisano]

Read the loa in its entirety first.
I will not bias it. It is way it is

As I understand Moak's letter we (well, not me, yet)will basically be voting on Letter 19.

 

[jester757]

Simple...VOTE NO. What a joke....HERE COME THE FURLOUGHS. Freaking Joke. Front line employees get 4% stake. F-ing joke.

 

[Pitot]

So if there can be no furloughs after the merger is approved, can they furlough in the six to eight months prior to it?

 

[ACL65PILOT]

Spoken like a lawyer

 

[ACL65PILOT]

yes, we will vote
You should be getting close Goggles

 

[avrodriver]

?
Furlough protection—with certain exceptions, no pilot may be furloughed as a result of the merger for a period from merger announcement until 24 months after the close of the merger.


Read it again. It starts from the merger announcement which I assume is today if the 24 months doesn't start until the close.

 

[PuffDriver]

Simple...VOTE NO. What a joke....HERE COME THE FURLOUGHS. Freaking Joke. Front line employees get 4% stake. F-ing joke.

I won't push you one way or the other, but "front line employees" have to be in at least the 60,000 range for the 4% equity stake. 3.5% will be for the Delta pilots, and they only. About 7500. If you believe the press, 17 billion, 11K per front line employee vs 80K for a pilot.

steady as she goes, gents

 

[JohnDoe]

No furlough clause doesn't mean jack, and most reasonable people know it.

Both Delta and Northwest had no furlough clauses after 9-11 occurred and both furloughed close to, what, 2200 pilots combined?? Northwest furloughed some guys twice, the second time well after 9-11.

The response will be to "grieve it." And during the 3 or more years it takes to grieve it, you'll still be on the street.

 

[ACL65PILOT]

There will be more airplanes before this is all over trust me. I am sure Puff will agree.

 

[Superpilot92]

DALALPA throwing NWA pilots under the bus. Its a sad day and this is going to get nasty. So much for being ALPA "brothers"