• NC Software is having a Black Friday Sale Event thru December 4th on Logbook Pro, APDL - Airline Pilot Logbook, Cirrus Elite Binders, and more. Use coupon code BF2020 at checkout to redeem 15% off your purchase. Click here to shop now.
  • NC Software is proud to announce the release of APDL - Airline Pilot Logbook version 10.0. Click here to view APDL on the Apple App store and install now.

How much did DAL pay to acquire NWA?

Beetle007

Well-known member
Joined
Dec 5, 2001
Posts
743
Total Time
4500+
I never heard how much DAL paid to acquire NWA? Everyone says it was an acquisition and not a merger....so why no dollar amount in the news?

Did any money actually exchange hands?
 

NuGuy

Ex-Commuter
Joined
May 30, 2003
Posts
2,375
Total Time
10000
Heyas,

You heard wrong. NWA bought DAL with DAL's own money. Kept the DAL name, but the NWA management.

Or so says my DAL neighbor who was more than a bit miffed with the SLI...

Nu
 

FDJ2

Well-known member
Joined
Aug 9, 2003
Posts
3,908
Total Time
10000+
Heyas,

You heard wrong. NWA bought DAL with DAL's own money. Kept the DAL name, but the NWA management.

Or so says my DAL neighbor who was more than a bit miffed with the SLI...

Nu

Silly human pride. :rolleyes:

It was a stock swap. DAL bought NWA with DAL stock and for the purposes of SLI it doesn't matter. One pilot group does not buy another pilots career expectations simply because the corporate leadership decides to swing a deal. Too much is made of who buys who, is it a merger or acquisition, when none of that matters.

Welcome to Delta.:)
 
Last edited:

ACL65PILOT

Well-known member
Joined
Dec 6, 2006
Posts
4,621
Total Time
9000+
Yep, in effect a cashless transaction, much like the slot swap we announced a few days ago.
 

Beetle007

Well-known member
Joined
Dec 5, 2001
Posts
743
Total Time
4500+
Don't mergers involve stock swaps?....I guess I am trying to figure out why it was considered an acquisition instead of a merger. What made it different than a merger?
 

NuGuy

Ex-Commuter
Joined
May 30, 2003
Posts
2,375
Total Time
10000
Silly human pride. :rolleyes:

It was a stock swap. DAL bought NWA with DAL stock and for the purposes of SLI it doesn't matter. One pilot group does not buy another pilots career expectations simply because the corporate leadership decides to swing a deal. Too much is made of who buys who, is it a merger or acquisition, when none of that matters.

Welcome to Delta.:)

Hehe, come on FDJ, you know me better than that by now...I keed, I keed...;)

Nu
 

crj567

Well-known member
Joined
Sep 20, 2008
Posts
2,052
Don't mergers involve stock swaps?....I guess I am trying to figure out why it was considered an acquisition instead of a merger. What made it different than a merger?

-Simple-

They tried to hide the fact that the new Delta is totally run by crappy NWA mgmt.

-Who the hell would invest in anything those morons have a hand in? (Obviously-No one. The stock is doing a pretty nice impersonation of a dead guy's EKG.)

-Shove all the adrenaline you wish into that goner-it ain't gonna help!

(Crow all you want, Gen... Throw around all the infantile "McRonald's" comments you like. It won't change the fact that your company's stock is still sucking hind teet. Your leadership is comprised of retards-who have made many obvious mistakes-and the money people of Wall Street see it as clearly as I do.)
 
Last edited:

ACL65PILOT

Well-known member
Joined
Dec 6, 2006
Posts
4,621
Total Time
9000+
Wow I could see that coming!

Thanks for being predictable CRJ567
 

PeanuckleCRJ

Hurrrrrrrr
Joined
Jul 21, 2004
Posts
1,684
Total Time
mucho
It's rare that a merger isn't an acquisition. Hence the term "acquiring partner" that is typically utilized.
 

Scope out RJ's

Banned
Well-known member
Joined
May 31, 2006
Posts
1,926
Total Time
20,000
-Simple-

They tried to hide the fact that the new Delta is totally run by crappy NWA mgmt.

-Who the hell would invest in anything those morons have a hand in? (Obviously-No one. The stock is doing a pretty nice impersonation of a dead guy's EKG.)

-Shove all the adrenaline you wish into that goner-it ain't gonna help!

(Crow all you want, Gen... Throw around all the infantile "McRonald's" comments you like. It won't change the fact that your company's stock is still sucking hind teet. Your leadership is comprised of retards-who have made many obvious mistakes-and the money people of Wall Street see it as clearly as I do.)

.........Says the highly paid regional f/o!:laugh:
 

nonstop

Well-known member
Joined
Nov 1, 2002
Posts
262
Total Time
xx,xxx
Semantics. Delta is a name. This company is being run by NWA people. Delta pilots won the SLI. Whatever you want to call it, it is what it is.
 

General Lee

Well-known member
Joined
Aug 24, 2002
Posts
20,442
Total Time
A lot
-Simple-

They tried to hide the fact that the new Delta is totally run by crappy NWA mgmt.

-Who the hell would invest in anything those morons have a hand in? (Obviously-No one. The stock is doing a pretty nice impersonation of a dead guy's EKG.)

-Shove all the adrenaline you wish into that goner-it ain't gonna help!

(Crow all you want, Gen... Throw around all the infantile "McRonald's" comments you like. It won't change the fact that your company's stock is still sucking hind teet. Your leadership is comprised of retards-who have made many obvious mistakes-and the money people of Wall Street see it as clearly as I do.)


Hey McFry,

What do you think of Southwest NOT coming to ATL now? I thought you said they were on the doorstep???? Now, get back to urinal cleaning.


Bye Bye--General Lee
 

FDJ2

Well-known member
Joined
Aug 9, 2003
Posts
3,908
Total Time
10000+
Don't mergers involve stock swaps?....I guess I am trying to figure out why it was considered an acquisition instead of a merger. What made it different than a merger?

Acquisition and merger are not necessarily mutually exclusive terms. For the purposes of FAPA's PWA, the successor (SWA) would have been required to integrate pilots. A-M doesn't care who bought who.
 

poppi

Well-known member
Joined
Nov 22, 2005
Posts
116
Total Time
14000
Wow I could see that coming!

Thanks for being predictable CRJ567


Thats what I thought. It's a little too obvious he interviewed and did not get hired and blames the airline for this. Why else would he have such disgust for the company.
 

Scope out RJ's

Banned
Well-known member
Joined
May 31, 2006
Posts
1,926
Total Time
20,000
Thats what I thought. It's a little too obvious he interviewed and did not get hired and blames the airline for this. Why else would he have such disgust for the company.

Because his birth is the result of a gang bang gone wrong!
 

crj567

Well-known member
Joined
Sep 20, 2008
Posts
2,052
Hey McFry,

What do you think of Southwest NOT coming to ATL now? I thought you said they were on the doorstep???? Now, get back to urinal cleaning.


Bye Bye--General Lee


Yep.


ALGT is coming soon. You will wish you were only competing against SWA. And with DAL shifting focus to NY, ALGT will be able to get as many gates in ATL as it wants.

-It is really a stretch to try and imagine any stupid mistake RA has not made during his tenure. The man is really doing his very best to ensure another BK trip. (At least it will be familiar territory.)
 
Last edited:

Scope out RJ's

Banned
Well-known member
Joined
May 31, 2006
Posts
1,926
Total Time
20,000
Yep.


ALGT is coming soon. You will wish you were only competing against SWA. And with DAL shifting focus to NY, ALGT will be able to get as many gates in ATL as it wants.

-It is really a stretch to try and imagine any stupid mistake RA has not made during his tenure. The man is really doing his very best to ensure another BK trip. (At least it will be familiar territory.)

Wow, all this intelligence and the best job you could get was a regional f/o position?
I bet there are fortune 500 companies all over the world that are kicking themselves for not hiring you!
Harvard really let one slip by by not educating you!
Another fine example of what happens for the lack of a condom!
 

General Lee

Well-known member
Joined
Aug 24, 2002
Posts
20,442
Total Time
A lot
Yep.


ALGT is coming soon. You will wish you were only competing against SWA. And with DAL shifting focus to NY, ALGT will be able to get as many gates in ATL as it wants.

-It is really a stretch to try and imagine any stupid mistake RA has not made during his tenure. The man is really doing his very best to ensure another BK trip. (At least it will be familiar territory.)

Another genius thought McFry. First of all, Allegiant has already been to ATL. They do charters to Tunica and Laughlin (from the T Concourse). I think you are right, they have cornered those markets, and we honestly have no response.....Why can't RA just see that and pour a bunch of money losing RJs into those cities? (Laughlin, NV will require a stop in LBB maybe?). And with our huge shift towards NYC, there could be many airlines just "slipping" in to ATL. One thing that may happen though, is that we send some RJs to LGA, and replace their money losing feed here in ATL with DC9s. There you go! And hey, can I get another ranch sauce packet with my nuggets?


Bye Bye--General Lee
 
Top