Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Hot on Facebook
Guy Buys $123 Safe on eBay, Finds $26,000 Inside Seller tries to get half the cash back, fails »

Delta Delays Comair Sale

Airline holds off on sale while it considers merging with a rival

By Lucas Laursen,  Newser Staff

Posted Jan 7, 2008 5:14 AM CST

(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 all considering merger deals, reports the Financial Times.

Last year Delta rejected a hostile bid from US Airways, which has experienced difficulties integrating with partner America West. Like chief rival American Airlines, which is considering selling American Eagle, Delta may be able to slash costs by cutting loose its regional operator and simplifying its maintenance needs. Still, “the sale of Comair is not imminent,” said a company spokesman.

A Delta Air Lines jet takes off at Hartsfield Jackson Atlanta International Airport in Atlanta in this March 3, 2006. Delta has postponed selling its Comair regional service while it considers a merger with UAL Corp.'s United Airlines. (AP Photo/Ric Feld. File)
A Delta Air Lines jet takes off at Hartsfield Jackson Atlanta International Airport in Atlanta in this March 3, 2006. Delta has postponed selling its Comair regional service while it considers a merger...   (Associated Press)
A pilot in a Delta Airlines jet sits in the cockpit after parking at Sea-Tac International Airport in Seattle  in this June 2, 2005 file photo. Delta has postponed selling its Comair regional service while it considers a merger with UAL Corp.'s United Airlines.  (AP Photo/Ted S. Warren, file)
A pilot in a Delta Airlines jet sits in the cockpit after parking at Sea-Tac International Airport in Seattle in this June 2, 2005 file photo. Delta has postponed selling its Comair regional service...   (Associated Press)
One Comair plane takes off while another Comair plane taxis to the terminal at the Greater Cincinnati/Northern Kentucky International Airport in Hebron, Ky. in this July 26, 2006 file photo. Delta has postponed selling its Comair regional service while it considers a merger with UAL Corp.'s United Airlines.    (AP...
One Comair plane takes off while another Comair plane taxis to the terminal at the Greater Cincinnati/Northern Kentucky International Airport in Hebron, Ky. in this July 26, 2006 file photo. Delta has...   (Associated Press)
Delta Air Lines jet passes a line of jets waiting to take off on the tarmac at Hartsfield Jackson Atlanta International Airport in Atlanta in this Nov. 10, 2005 file photo. Delta has postponed selling its Comair regional service while it considers a merger with UAL Corp.'s United Airlines....
Delta Air Lines jet passes a line of jets waiting to take off on the tarmac at Hartsfield Jackson Atlanta International Airport in Atlanta in this Nov. 10, 2005 file photo. Delta has postponed selling...   (Associated Press)
« Prev« Prev | Next »Next » Slideshow
To report an error on this story, notify our editors.
A snapshot of the day's best news stories.
 
COMMENTS
Be the first to comment on this story.

More Newser Stories

Passengers Air a Record Number of Complaints

United and Continental May Be Next to Merge

Not So Fly: Worst US Airlines

Utah Professor Watched Child Porn on Flight: Police

Airline Bag Fees Hit $400


NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   Betty Confidential   |   BuzzFeed   |   Cracked   |   Fark   |   Timelines   |   The Frisky   |   Geek Sugar   |   NewsOne