Delta Air Lines

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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

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

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

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

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...

Not So Fly: Worst US Airlines
Not So Fly: Worst US Airlines

Not So Fly: Worst US Airlines

Everyone has their travel hell story, but which airlines are the true villains?

(Newser) - Lost luggage, canceled flights and appalling delays seem to be par for the course in air travel these days.  But some airlines are worse than others.  Forbes provides the hit list:
  1. Atlantic Southeast Airlines
  2. Comair (a division of Delta Air Lines)
  3. American Eagle Airlines (a division of American
...

Late Flights Hit All-Time Record
Late Flights Hit All-Time Record

Late Flights Hit All-Time Record

More than a million flights delayed so far

(Newser) - More than a million airline flights on the 20 biggest carriers have been late so far this year— keeping the US airline industry on track for the worst year for delays on record, reports Reuters. The flight most often delayed in the month of July was a Delta route from...

FAA Orders Inspections of Boeing 737s

Hundreds of jets to be checked for loose nut that caused China Airlines fire

(Newser) - The Federal Aviation Administration has ordered airlines to inspect hundreds of Boeing 737s after a loose bolt punctured a China Airlines jet last week, causing a fire that destroyed the aircraft. Southwest, Delta, Continental, AirTran, Alaska Air, ATA and Aloha Airlines have 24 days to check for loose nuts on...

New Delta CEO Raises Questions
New Delta CEO Raises Questions

New Delta CEO Raises Questions

Appointment revives rumors that merger with Northwest is preparing for takeoff

(Newser) - Delta's choice for its new CEO—an outsider who won the job over two internal candidates—is raising questions, the Journal reports. Newly emerged from 19 months of wrangling in bankruptcy court, the airline appointed former Northwest CEO Richard Anderson yesterday, sparking speculation about a future merger with Northwest and...

Planes Packed as Air Travel Soars in July

Record full seats a boon for carriers, a nuisance for passengers

(Newser) - US air travel hit the economic stratosphere in July, crowding the jetliners of seven major carriers with record percentages of filled seats. American, Continental, Delta, US Airways, AirTran, and Alaska Airlines filled up nearly 90% of all seats on domestic flights, more than any month in history.

Tot's Drinking Problem Grounds Flight

Thwarted apple juice connoisseur causes emergency landing

(Newser) - A Delta commuter flight from New York to Greensboro set down in Philadelphia yesterday after a passenger got into a dispute with a flight attendant. The passenger was a 4-year-old, and the dispute concerned how quickly the crew was serving apple juice. The incident, which was originally reported as an...

Delta Flies Out of Bankruptcy
Delta Flies Out of Bankruptcy

Delta Flies Out of Bankruptcy

(Newser) - Delta has emerged from bankruptcy, riding an aggressive restructuring plan to exit Chapter 11 a year ahead of schedule. The No. 3 domestic airline, which staved off a hostile takeover bid from US Airways this year, used court-enforced protections to secure cuts to wages and pension programs as it shored...

Stories 241 - 254 | << Prev