Delta, Northwest to announce merger (source: AFP)
Apr 13, 2008, 4:13 pm
#1
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Delta, Northwest to announce merger (source: AFP)
Delta Air Lines and Northwest Airlines this week are expected to announce a long-anticipated merger, The Wall Street Journal reported Sunday.
The merger may to be unveiled as early as Tuesday, The Journal reported, adding that the deal could go through without support of Delta's 6,000 pilots.
Delta and its pilots were holding separate talks this weekend on a post-merger contract, while negotiations with Northwest's 5,000 pilots were to be held at a later date, the daily reported.
Last week, US authorities gave tentative approval for Delta, Northwest, and four of their international partners to combine their transatlantic routes in the SkyTeam alliance.
The two US carriers, along with Air France, Alitalia, Czech Airlines and KLM Royal Dutch Airlines, plan "to coordinate their services and act as a single carrier for US-Europe services," according to the US Department of Transportation.
A final decision by the US government will come after a two-week comment period.
The merger may to be unveiled as early as Tuesday, The Journal reported, adding that the deal could go through without support of Delta's 6,000 pilots.
Delta and its pilots were holding separate talks this weekend on a post-merger contract, while negotiations with Northwest's 5,000 pilots were to be held at a later date, the daily reported.
Last week, US authorities gave tentative approval for Delta, Northwest, and four of their international partners to combine their transatlantic routes in the SkyTeam alliance.
The two US carriers, along with Air France, Alitalia, Czech Airlines and KLM Royal Dutch Airlines, plan "to coordinate their services and act as a single carrier for US-Europe services," according to the US Department of Transportation.
A final decision by the US government will come after a two-week comment period.
Apr 14, 2008, 9:21 am
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cross-posting is not allowed on FT. You posted the same thing in 3 forums 
Apr 14, 2008, 10:23 am
#3
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and posting complete articles (especially from pay sites) is not only against the terms of service and a violation of copyright, but also annoying for those of us who want to use the forum for discussion, not a newspaper clipping file...
Apr 14, 2008, 7:40 pm
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Please follow the topic in the Northwest and Delta forums.
SanDiego1K
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SanDiego1K
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