Delta Air Lines

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Delta, Northwest Approve Merger
 Delta, Northwest
 Approve Merger 
UPDATED
Apr 14, 2008 7:17 PM CDT

Delta, Northwest Approve Merger

Execs forging ahead without pilot approval

(Newser) - Delta and Northwest Airlines execs agreed today to merge their companies into the world's largest airline, the New York Times reports. Delta CEO Richard Anderson will lead the new company, called Delta, if Northwest shareholders approve the transaction. The $3.1 billion deal would give Northwest shareholders 1.25 Delta...

Delta, Northwest Close to Merger After Revived Talks

But pilot dispute could put deal on the skids

(Newser) - Delta and Northwest Airlines are readying a merger that could be announced as soon as Tuesday, reports the Wall Street Journal. But disputes over the deal’s financial terms and handling of pilot seniority threaten to scuttle the union. Negotiations between the two carriers broke down last week but were...

Delta Pilots Aboard for Merger
 Delta Pilots Aboard for Merger  
Apr 10, 2008 10:21 PM CDT

Delta Pilots Aboard for Merger

NW deal would create world largest carrier

(Newser) - Delta Air Lines has reached a deal with its 7,000 pilots that is expected to allow a long-delayed merger with Northwest Airlines to take off, Bloomberg reports. The airlines plan to announce the merger next week, sources said. The new airline would carry the Delta name and jet past...

Passengers Air a Record Number of Complaints

Skies unfriendlier than ever

(Newser) - Airline passengers on domestic flights are unhappier than they've been in years, with consumer complaints up 60%, according to the annual Airline Quality Rating survey. Long delays, cancellations, overbooking, late arrivals, and lost baggage accounted for most of the complaints, which haven't been this bad since 2000, reports the AP....

Northwest Hikes Fares, Cuts Flights

Big carriers scurry to boost bottom line as small airlines go bust

(Newser) - Northwest Airlines is jacking up fares and fees and scaling back domestic operations, the Wall Street Journal reports. The airline, trying to deal with soaring fuel costs and a slowing economy without instituting pay cuts, also plans to freeze hiring. Northwest will keep adding international flights, but will add fuel...

Delta-Northwest Deal May Be Back On, Without Pilot Input

Dispute over seniority scotched initial merger agreement

(Newser) - Northwest is trying to resuscitate the Delta merger that nearly went through in February with a deal that wouldn’t need pilot agreements or include anticipated salary increases, the Wall Street Journal reports. The pilots' inability to agree on seniority rules appeared to derail the deal, which didn't require labor...

Delta Latest to Cancel Flights
 Delta Latest to Cancel Flights 
Mar 27, 2008 9:52 AM CDT

Delta Latest to Cancel Flights

Following American's shutdown, voluntary inspections ground older planes

(Newser) - Delta Airlines canceled dozens of flights today and tomorrow after voluntarily grounding 133 of its older jets for inspections, the Atlanta Journal Constitution reports. As with American Airlines, Delta is checking wiring on some McDonnell-Douglas jets to ensure compliance with FAA directives. "It's an inconvenience," one traveler said,...

Airlines Fasten Seatbelts for Bumpy Ride

Major US carriers downgrade as hard times loom

(Newser) - America's major airlines are getting ready for tougher times ahead, slashing jobs and cutting back operations. As the Christian Science Monitor reports, soaring fuel prices will inevitably lead to higher ticket prices, which will lead to less passengers—which, in turn, will force airlines to hike fares again to cover...

Delta Will Slash 2K Jobs
 Delta Will Slash 2K Jobs  
Mar 18, 2008 2:02 PM CDT

Delta Will Slash 2K Jobs

Firm will offer voluntary severance to 30,000 employees

(Newser) - Battered by skyrocketing fuel prices, Delta Air Lines will eliminate 2,000 jobs to cut costs, the Atlanta Journal-Constitution reports. With oil prices driving the airline’s fuel expenditures $900 million higher than expected, the carrier will offer buyouts to some 30,000 employees, aiming to cut 1,300 flight...

Pilot Impasse May Ground Northwest-Delta Merger

Critical seniority issue could be a deal buster

(Newser) - Merger talks between Delta and Northwest appear to be headed for a hard landing after pilots for the carriers called off their own negotiations over seniority issues, reports the Minneapolis Star Tribune. The airlines boards will meet this week to decide whether the merger should go forward, but Delta's CEO...

Planes Nearly Collide Over Pittsburgh

Evasive maneuvers prevent mid-air crash after air-traffic trainee errs

(Newser) - A quick nosedive by a Delta pilot narrowly averted a mid-air collision of two passenger planes over Pittsburgh this morning, after an air traffic control trainee told a Delta pilot to turn into another jet’s path. The planes, carrying 120 passengers between them, missed each other by a scant...

Northwest's Merger Offers Won't Fly: Delta

So far, proposals skirting key Delta concerns

(Newser) - An airline merger isn't going to take off until Northwest comes up with a proposal that addresses Delta's concerns, according to Delta executives. So far, offers haven't jelled with Delta priorities, including maintaining employee seniority rankings, according to a Delta memo obtained by the Wall Street Journal. Delta plans to...

Delta-Northwest Pilots Ground Airline Merger

Seniority issue puts merger talks on hold

(Newser) - Northwest and Delta merger talks are stuck on the runway today, as  pilots continue talks on a deal to combine their workforces, AP reports. Representatives for the 12,000 pilots are hung up on issues of seniority, insiders said; directors of the airlines hoping to announce their $20-billion merger plans...

Delta-Northwest Merger Close to Takeoff

Boards meet tomorrow to vote on plans that would create world's largest airline

(Newser) - Directors at Delta and Northwest meeting tomorrow could announce a marriage of the two airlines by day’s end if a crucial deal with the airlines’ 11,000 unionized pilots can be reached, reports the Wall Street Journal. The resulting company would be the largest airline in the world, and...

2 Airline Mega Mergers Prepare for Takeoff

Delta-Northwest marriage looms; United eyes Continental

(Newser) - The airline industry is bracing for what would be a mammoth double wedding, as merger talks between Delta and Northwest airlines shift into second gear, and Continental and United Airlines begin their courtship. Currently on the Delta-Northwest plate is a market price stock-for-stock transaction, with no premium for either company,...

Delta Merger Rumors Take Off
Delta Merger Rumors Take Off
Jan 11, 2008 8:00 AM CST

Delta Merger Rumors Take Off

Deal could set off a wave of consolidation as airlines struggle to contain costs

(Newser) - Airline merger talks are in the air, with Delta Air Lines executives expected to get the go-ahead from their board today to court Northwest or United. Delta’s matchmaking efforts began with exploratory talks in December, the Wall Street Journal reports. The news prompted airline stocks to soar—Delta was...

Delta Delays Comair Sale
Delta Delays Comair Sale
Jan 7, 2008 5:14 AM CST

Delta Delays Comair Sale

Airline holds off on sale while it considers merging with a rival

(Newser) - Delta Air Lines has postponed the sale of its regional division Comair until a special committee completes its merger review. Delta recently emerged from bankruptcy and may join with one of its main rivals in 2008. The six “legacy” carriers, which existed before the 1978 deregulation of airlines, are...

Northwest's Merger Plans Still 'Evolving'

Airline 'very, very actively looking,' but uncertain on when, with whom

(Newser) - Northwest Airlines is "very, very actively looking" for a merger partner, a company executive told Wall Street analysts yesterday, but it is uncertain whether such consolidation is more likely to be approved by the Bush administration or its successor, the Minneapolis Star Tribune reports. Analysts say Delta—known to...

United, Delta in Merge Talks
United, Delta in Merge Talks
Nov 14, 2007 3:47 PM CST

United, Delta in Merge Talks

New company would keep United name, says AP

(Newser) - United Airlines and Delta are in talks to merge and create the nation's largest airline, the AP reports. The new airline would keep the United name and surpass American as the nation's biggest. Delta's CEO denied that any specific talks are under way, but the company said it had formed...

Airline Profits Soar on Hellish 3Q
Airline Profits Soar on Hellish 3Q
Oct 19, 2007 6:29 PM CDT

Airline Profits Soar on Hellish 3Q

Consumer groups are furious

(Newser) - The worst summer in a decade for the air traveler turned into the most lucrative for the airline industry. Carriers' profits soared on overbooking that led to cramped conditions and a quarter of all flights arriving late, the LA Times reports. Consumer groups are furious. "They're making money hand...

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