Skip to: Content
Skip to: Site Navigation
Skip to: Search
THURSDAY, NOVEMBER 26, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

PREMIUM NEWS ARCHIVE

CEOS DEFEND AIRLINE MERGER.(BUSINESS)

Article from: Wisconsin State Journal (Madison, WI) Article date: April 25, 2008

Byline: DAN CATERINICCHIA Associated Press

WASHINGTON -- The chief executives of Delta Air Lines and Northwest Airlines on Thursday tried to assuage skeptical lawmakers' concerns about their proposed combination, defending it as the best way to cope with surging fuel prices.

Delta CEO Richard Anderson and Northwest CEO Doug Steenland said at House and Senate hearings that their airlines would be stronger together than they are apart, more competitive with large foreign carriers and better equipped to handle record fuel ...

Read full article   (with a Free Trial at HighBeam Research)
Newser gathers stories from across the web and packs what you need to know into about 120 words. Check out these stories related to your search.
Visit our grid for the latest news.

Related Newser Stories

 Delta Pilots Aboard for Merger  

NW deal would create world largest carrier

Apr 10, 08 10:21 PM CDT
(Newser) - Delta Air Lines has reached a deal with its 7,000 pilots that is expected to allow a long-delayed merger with Northwest Airlines to take off, Bloomberg reports. The airlines plan to announce the merger next week, sources said. The new airline would carry the Delta name and jet past... More »

MORE ABOUT:
Delta Air Lines • merger • Northwest Airlines • recession • American Airlines • Richard Anderson • oil price • pilots contract • jet fuel • Doug Steenland • Air Line Pilots Association

 Airlines Hike Ticket Prices 

United raises prices by up to $60; American, Delta follow its lead

May 24, 08 11:05 AM CDT
(Newser) - The big three US airlines responded to soaring oil prices by boosting most domestic prices by up to $60 roundtrip in the last few days, the AP reports. United led the way with increases from $10 to $60 Thursday; American and Delta followed suit yesterday. Meanwhile, low-cost AirTran raised its... More »

MORE ABOUT:
airline industry • Delta Air Lines • United Airlines • American Airlines • oil price • airline ticket prices • fuel costs

 Airline Business Model
Won't Work With $130 Oil 

Analysts say current model won't work at $130 a barrel

May 23, 08 10:40 AM CDT
(Newser) - The airline industry as we know it can’t function on $130-a-barrel oil, industry analysts are saying, and cost-cutting, ticket price increases, and bag-check fees won't make it viable. The Dallas Morning News looks at how hopeless it is for airlines to come anywhere near break-even at current costs, noting... More »

MORE ABOUT:
airline industry • merger • airline • American Airlines • oil price • airline ticket prices

American Cuts Flights, Will Charge $15 for First Bag

Airline industry 'not built to withstand oil prices at $125 a barrel,' CEO says

May 21, 08 11:01 AM CDT
(Newser) - American Airlines is cutting flights, jobs, and carrying capacity in its effort to withstand skyrocketing oil prices, the company announced today—and it's adding a $15 fee for some customers' first checked bag. US capacity could fall 12% as up to 85 planes are retired, the Wall Street Journal reports.... More »

MORE ABOUT:
airline industry • American Airlines • oil price • fuel costs • jet fuel