Times reporting possible United and Delta merger

[Superpilot92]

NWA/DAL merger just announced! 40% Pay raise for everyone, 1st year pay raised to $54/hour. 100 A380's ordered, an additional 50 787's. Both carriers to keep all the md88's and dc9's, 100% of all domestic feed to be done by mainline alpa pilots and parking all 50 seat rj's. 70 and 90 seat RJ's to be merged into new integrated seniority list and added to bottom of list at 1st year pay for f/o's and longivity payrate per equipment for capt's. all former delta connection carrier and NW Airlink airline service agreements terminated as of 1/31/08. Hiring to increase to 150 per month. New hires have choice of RJ equipment behind former connection pilots. 5 year fences for everyone else.

If Only.......imp:

 

[Bavarian Chef]

I took a nap this afternoon -- is the merger complete?

 

[Superpilot92]

I took a nap this afternoon -- is the merger complete?

:laugh: Nah just go back to sleep :laugh:

 

[IronCityBlue]

- you can't discriminate and allow only certain carriers to merge.

Sure you can. First 2 legacy airlines with a viable merger business plan that suits both BOD's wins. The rest left out in the cold. No way any administration is letting the big 6 become the big 2 or 3.

 

[FR8mastr]

yea, instead they will allow another dozen or so NEW LOW cost carriers to come on board with free flights for all Americans! In the time it takes these scum operators to go out of business, the real airlines will have been beaten down even further trying to match these impossible to maintain fairs.

They need to really de regulate the airlines or really regulate them again.

This half @ssed approach to "de-regulated" airlines does not work and is hurting everyone except ma and pa Kettle with their $29.00 once every 3 year plane ride.

 

[joevollers]

Delta Studies Comair Sale While Merger Review Goes On (Update3)

By Susanna Ray
Enlarge Image/Details

Jan. 7 (Bloomberg) -- Delta Air Lines Inc., the third- biggest U.S. carrier, said no decision is imminent on the possible sale of its Comair regional unit while a board committee reviews merger alternatives.

A tie-up with a rival and a Comair sale are among the most significant choices facing Chief Executive Officer Richard Anderson, who took over on Sept. 1. Delta had left Comair's fate to be resolved after leaving bankruptcy last year.

``We continue to evaluate options to sell Comair, but no decision has been made,'' spokeswoman Betsy Talton said in an interview yesterday. She said she didn't have an update on whether Atlanta-based Delta would settle Comair's future this quarter, as Anderson projected in October.

``They're being prudent in saying we'll let the dust settle before we make any big decisions,'' said Stuart Klaskin of KKC Aviation Consulting in Coral Gables, Florida. ``I would not necessarily see it through the prism of them prepping for one transaction or another.''

Delta announced the creation of the board panel on Nov. 14, a day after hedge fund Pardus Capital Management LP wrote to the company to urge a merger with UAL Corp.'s United Airlines. Pardus, which owns shares in both carriers, said combining would save money to counter surging jet-fuel prices.

The Financial Times reported yesterday on its Web site that Delta was delaying a decision on Comair while it explored hooking up with United or another competitor.

Delta wants the board committee and its advisers, Merrill Lynch & Co. and Greenhill & Co., to finish their work before it will hire JPMorgan Chase & Co. to act on options already discussed with that bank for Comair, the Financial Times said, citing unidentified people familiar with the plan. Talton declined to comment on the panel's progress or its consultants.

Regarding Comair, ``no decision is imminent,'' Talton said.

Hostile Bid

Under former CEO Gerald Grinstein, Delta fought off a takeover bid a year ago by US Airways Group Inc. Grinstein later said he envisioned a post-bankruptcy Delta as ``an acquirer,'' and Anderson said in October a merger ``could make sense.''

Mergers would allow airlines to trim capacity, raise fares and slash expenses, providing a boost to shares. The Bloomberg U.S. Airlines Index fell 36 percent in 2007 as jet fuel for immediate delivery in New York Harbor jumped 53 percent.

Delta rose 2 cents to $13.39 at 4:19 p.m. in New York Stock Exchange composite trading. The shares fell 35 percent in 2007.

Delta bought Comair in 1999 for $1.8 billion to ferry fliers to the parent airline's hub airports. During 19 months in bankruptcy, Delta cut expenses by unloading some smaller planes and shifting some Comair flights to lower-cost carriers.

Delta sold its other regional unit, ASA Holdings Inc., to SkyWest Inc. for $425 million in August 2005, a month before filing for bankruptcy.

AMR Corp.'s American Airlines, the world's biggest carrier, plans to divest its American Eagle commuter unit this year. Chicago-based United is the second-largest airline.

To contact the reporter on this story: Susanna Ray in Chicago at [email protected]

 

[General Lee]

NEW YORK, Jan 6 (Reuters) - Delta Air Lines (DAL.N: Quote, Profile, Research) has put on hold plans to sell its Comair regional jet service division while it explores a possible merger with United Airlines (UAUA.O: Quote, Profile, Research), the Financial Times reported on Sunday.

YOU LEFT OUT A HUGE PART OF THE ARTICLE. It stated Delta was exploring a possible merger with United OR ONE OF IT'S OTHER RIVALS. Inotherwords, status quo. Thanks for the personal editing, jerk. Nothing has changed here, except Comair is worth less now and we will hold on to it until the price goes up.


Bye Bye--General Lee

 

[Shrek]

YOU LEFT OUT A HUGE PART OF THE ARTICLE. It stated Delta was exploring a possible merger with United OR ONE OF IT'S OTHER RIVALS. Inotherwords, status quo. Thanks for the personal editing, jerk. Nothing has changed here, except Comair is worth less now and we will hold on to it until the price goes up.


Bye Bye--General Lee

Bump.

 

[pipers]

YOU LEFT OUT A HUGE PART OF THE ARTICLE. It stated Delta was exploring a possible merger with United OR ONE OF IT'S OTHER RIVALS. Inotherwords, status quo. Thanks for the personal editing, jerk. Nothing has changed here, except Comair is worth less now and we will hold on to it until the price goes up.


Bye Bye--General Lee

according to mike boyd and the salt lake trib article, the price may never go up.

 

[mlifly]

The price can't go up. Delta has shrunk Comair by about 25% since it entered bankruptcy. No growth and a high-cost fleet. Comair is not even close to the company that Delta bought just a few years ago.