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''Ultimately, it's our goal to be the undisputed leader in the airline industry,'' CEO Richard Anderson said.
After posting strong third-quarter results with a $220 million profit on Tuesday, Delta Anderson is already talking about possibly making deals to make his company the No. 1 carrier in the skies. Although Anderson was not specific about any targets on his company's earnings conference call, The Deal's Lou Whiteman has blogged that Delta and Northwest Airlines Corp. have been rumored for almost two years to be in merger in talks. And it's no coincidence that Anderson was the former CEO at Northwest from 2001 to 2004. If Delta were to make any moves, the airline says as of Sept. 30 it had $3 billion in cash, cash equivalents and short-term investments, of which $2.4 billion was unrestricted. — Gerald Magpily
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Delta Air Lines Inc. has only been out of bankruptcy since
April 30, but already its CEO is shooting for the stars.
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