Delta-Northwest merger pending? - TravelMole


Delta-Northwest merger pending?

Friday, 12 Jan, 2006 0

Rumors were rampant that ailing bankrupt Delta and Northwest would merge, particularly after US Transportation Secretary Norman Mineta brought up the possibility.

“I sometimes wonder whether or not…Delta and Northwest will come out as a merged carrier,” he told an audience of business executives in Shanghai.

He was also quoted as saying he was just “thinking out loud,” reported Reuters.

But he’s not the first industry expert to predict consolidation in the ailing airline industry.

The two carriers are the third and fourth largest in the US. Both filed for bankruptcy on the same day last September.

Neither airline would comment on the possibility, according to news accounts.

Analysts told the Cincinnati Enquirer that such a move was not likely.

“Two airlines in bankruptcy do not make one profitable airline outside of bankruptcy,” said Mike Miller of the Velocity Group, an airline consulting company.

Others commenting on the possibility pointed out that there was a mismatch of operating fleets. The two carriers have a combined fleet of more than 1,200 aircraft but the only plane they have in common is the Boeing 757, according to Reuters.

Report by David Wilkening



Related News Stories:  



 

profileimage

David



Most Read

Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns

James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel

Darien Schaefer on Pensacola’s Evolution: From Small Town to Global Destination

Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics

Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy

Bubba O’Keefe on Clarksdale’s Vibrant Music Scene

Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee

Craig Ray and the Expansion of the Blues Trail

Presenting Mississippi’s Cultural Trails with Katie Coats

Robert Terrell: A Journey Through BB King’s Influence

Rochelle Hicks: Celebrating Mississippi’s Musical Legacy

Exploring Jacksonville with Katie Mitura: The Flip Side of Florida
TRAINING & COMPETITION

Our emails to you has bounced travelmole.com Or You can change your email from your profile Setting Section

Your region selection will be saved in your cookie for future visits. Please enable your cookie for TravelMole.com so this dialog box will not come up again.

Price Based Country test mode enabled for testing United States (US). You should do tests on private browsing mode. Browse in private with Firefox, Chrome and Safari