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July 25, 2008 7:49:27 AM CDT

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Stories related to: Richard Anderson

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4 Stories

  • April 2008

    • Delta Pilots Aboard for Merger

      newser  |  Bloomberg  |  Apr 10, 08 10:21 PM CDT

      Delta Pilots Aboard for Merger

      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 American Airlines to become the world's largest carrier. More »

      Tags

      oil price  • recession  • merger  • American Airlines  • Northwest Airlines  • Delta Air Lines  • jet fuel  • Richard Anderson  • pilots contract

  • February 2008

    • Northwest's Merger Offers Won't Fly: Delta

      newser  |  Wall Street Journal  |  Feb 27, 08 3:13 AM CST

      Northwest's Merger Offers Won't Fly: Delta

      An airline merger isn't going to take off until Northwest comes up with a proposal that addresses Delta's concerns, according to Delta executives. So far, offers haven't jelled with Delta priorities, including maintaining employee seniority rankings, according to a Delta memo obtained by the Wall Street Journal . Delta plans to continue with its "stand-alone" plan until it sees a “potential transaction that meets all our principles,” the company’s CEO and CFO wrote. More »

      Tags

      airline industry  • merger  • Northwest Airlines  • Delta Airlines  • Richard Anderson  • Ed Bastian

  • January 2008

    • Delta Merger Rumors Take Off

      newser  |  Wall Street Journal  |  Jan 11, 08 8:00 AM CST

      Delta Merger Rumors Take Off

      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 Journa l reports. The news prompted airline stocks to soar—Delta was up 18%, Northwest rose 32% and United parent UAL jumped 24%. More »

      Tags

      United Airlines  • Delta Air Lines  • Richard Anderson

  • August 2007

    • New Delta CEO Raises Questions

      newser  |  Wall Street Journal  |  Aug 22, 07 8:48 AM CDT

      New Delta CEO Raises Questions

      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 a possible new post-Chapter 11 strategy. More »

      Tags

      airline industry  • merger  • Northwest Airlines  • Delta  • Richard Anderson  • Ed Bastian

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