6 result(s) displayed (1 - 6 of 6):

United offers hope with plane order talk (from Corporate Dealmaker)

Word that UAL Corp.'s (NASDAQ:UAUA) United Airlines Inc. is shopping for up to 150 new aircraft is good news for both plane manufacturers and for fans of a once-proud airline that has taken it on the chin in recent years.United, which until only a few years ago was the nation's...

Posted on June 4, 2009 3:34 PM

Delta downsizes work force at Northwest's headquarters (from Corporate Dealmaker)

About 1,500 former Northwest Airline Corp. employees will lose their jobs following a downsizing at the carrier's Minnesota headquarters by new owner Delta Air Lines Inc. Atlanta-based Delta acquired Northwest for $2.6 billion in October, causing concern in the Twin Cities that there could be significant job losses and service...

Posted on December 16, 2008 4:43 PM

Downsizing at Delta; Northwest integration on track (from Corporate Dealmaker)

In the tailwind of its $2.6 billion merger with Northwest Airlines Corp., Delta Air Lines Inc. announced plans on Wednesday to cut capacity and jobs. In a memo to employees, as reported in the Atlanta Business Chronicle, CEO Richard Anderson and president Edward H. Bastian said the airline will cut...

Posted on December 3, 2008 11:17 AM

Delta announces post-merger management team, contemplates integration (from Corporate Dealmaker)

Delta Air Lines Inc. announced its post-merger leadership team on Tuesday in advance of its deal to acquire Northwest Airline Corp. in a $3.63 billion stock swap. As expected, Delta chief executive Richard Andersen will lead the merged company, helped along by a Delta-heavy slate of executives. The airlines have...

Posted on July 15, 2008 4:35 PM

US Airways' Doug Parker on industry change and consolidation (from Corporate Dealmaker)

In a letter to employees, US Airways Group Inc. CEO Doug Parker said, "We can't ignore what's happening in the world around us," referring to record high oil prices and a possible recession. He also said that if Delta Air Lines Inc. and Northwest Airlines Corp. combine as planned,...

Posted on April 18, 2008 8:31 AM

Airline deals: Integrate now or later (from Corporate Dealmaker)

Merging pilot seniority lists nearly always presents a significant hurdle in airline mergers, as we're seeing now in the possible pairing of Delta Airlines Inc. and Northwest Airlines Corp. According to The Wall Street Journal (subscription only), the airlines are seeking the blessing of unionized pilots before...

Posted on February 19, 2008 11:17 AM