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Done Deal: DOJ Approves Delta, Northwest Merger!

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Eagle757shark

Well-known member
Joined
Jul 31, 2006
Posts
575
US DOJ approves merger of Delta, Northwest Airlines

Wed Oct 29, 2008 3:06pm EDT
WASHINGTON, Oct 29 (Reuters) - U.S. antitrust authorities approved Delta Air Lines Inc's (DAL.N: Quote, Profile, Research, Stock Buzz) purchase of Northwest Airlines Corp (NWA.N: Quote, Profile, Research, Stock Buzz) on Wednesday in a deal worth about $2.6 billion.
The merger would create the world's biggest airline by passenger traffic.
The U.S. Justice Department approval ends the U.S. regulatory review.
The department said the deal, in its view, is likely to benefit consumers and and unlikely to "substantially lessen competition."
 
Congrats to us. Hopefully a good thing, nothing I can do about it. Now that we have approval, I hope we don't start seeing negative press releases.
 
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Hope ALPA saved all the good pre-merger quotes.
 
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Those at NW that want to retire with NW retiree medical benefits (premiums) prior to DCC had better hurry........
 
Those at NW that want to retire with NW retiree medical benefits (premiums) prior to DCC had better hurry........

Wow, talk about "should I stay or should I go?..." Good luck to those folks with that decision.
 
I feel very "Super Premium" already !
 
You must hand it to Delta management. They did a remarkable job getting this thing done in this current environment. From all I've heard from people who work at Delta, the transition will be very rapid. I guess they will show US Airways' Parker how to put together a real merger. After three years US Airways is still fighting with its pilots. I have a feeling Delta will be done and US Airways will still be trying to intergrate their unions. I imagine airline consolidation may well be on its way now. The next few months will be interesting to see who is next.
 
Said something was up.
Figured they got approval this morning when the pop-up came for the new name tags.
 

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