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
Delta Air Lines Inc. has only been out of bankruptcy since
April 30, but already its CEO is shooting for the stars.
