I believe the merger is going to happen, and that the NWA pilots just shot themselves in the foot. Now mgmt can point the finger at "unions" as not having the best interest of the company in mind. I don't agree with that sentiment, however that is how it will be spun. I speculate DAL/NWA will announce a determination to pursue a merger to basically "save the employees from themselves". You don't captain an airliner by committee and I think it is obvious you don't merge companies by committee either. I can't believe Steenland and Anderson bet everything on a plan to herd cats.
Who knows, maybe by merging the new company would simply slow or stop hiring instead of both companies furloughing. I wouldn't be surprised if such an announcement came tomorrow with the conference.
My new signature!