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It's official: Delta and Northwest to merge
The Delta name and Atlanta headquarters will be kept, and Delta will become the world's largest airline, a position held previously by American Airlines. Delta is hoping that a quick resolution to their pilot contract, which would eventually apply to both pilot groups, might make the merger a success.
Northwest Airlines hold a 'golden share' in Continental Airlines which has prevented Continental from seeking their own merger. Any deal involving Northwest would allow Continental to be freed from any veto power that Northwest has. Look for a possible Continental and United announcement shortly.
Update: Delta and Northwest have already launched a site with details of their plan for world domination.
Filed under: News