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Saturday, November 21, 
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Entries tagged "Northwest Airlines"

Delta to alter post-merger order book

Only weeks after closing its $2.6 billion merger with Northwest Airlines Corp., Delta Air Lines Inc.'s post-merger fleet plans began to take shape Monday as reports surfaced that the airline is considering scaling back its order of Boeing Co. 787 Dreamliners in favor of more 777-200 LR aircraft....


Shareholders approve Delta-Northwest deal

Shareholders at Northwest Airlines Corp. and Delta Air Lines Inc. as expected gave their approval Thursday to a $3.3 billion merger agreement that would create the world's largest airline....


Delta names post-merger management team

Delta Air Lines Inc. on Tuesday announced its combined management team after its planned merger with Northwest Airlines Corp. closes later this year, and as expected it is mostly Delta managers in the key roles....


Northwest announces cuts ahead of merger with Delta

Northwest Airlines Corp. on Wednesday joined the stampede of airlines cutting employees and adding fees, announcing plans to cut 2,500 frontline and management positions and instituting a $15 fee for a first checked bag....


PE-backed Midwest Airlines to ground one-third of fleet

Private equity-owned Midwest Air Group Inc. told employees Friday it intends to cut 12 of its 37 planes and reduce service as it struggles to cope with soaring fuel prices....


Delta: No second thoughts about Northwest deal

Delta Air Lines Inc. executives reaffirmed Tuesday their commitment to buy Northwest Airlines Corp. at the company's annual meeting in New York, saying they have no regrets even as others shy away from dealmaking....


Continental-UAL deal waits in the wings of Delta-NWA merger

While Delta Air Lines Inc. and Northwest Airlines Corp. management wait on their pilots to reach an agreement before announcing their merger, the rest of the industry is beginning to line up like planes on a runway to take flight with their own mergers. United Air Lines Inc. and Continental Airlines Inc. are deep in talks toward a combination that would quickly surpass Delta-Northwest as the world's biggest airline, according to sources. Like Delta-Northwest, a United-Continental deal could include monetary support from a European partner, in this case Deutsche Lufthansa AG, and would combine United's strengths across the Pacific with...



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Easing the stress of distressed M&A

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Editor's Note

Editor's letter: Nov. 16, 2009

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.



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