NEWS ABOUT: Delta Airlines
Delta Airlines stories: 13 news briefs
Hip hop musician among heroes
Los Angeles Times Jan 8, 09 6:54 AM CST
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A delusional airline passenger who claimed to have a bomb was subdued by other passengers as their Delta jet landed yesterday in Los Angeles. Among the heroes, the Los Angeles Times reports, was guitarist Chris Llewellyn, who performs with rapper Asher Roth. The 45-year-old passenger allegedly assaulted a flight attendant and tried to open a emergency exit.
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Merger would create world's largest airline
Reuters Oct 29, 08 2:49 PM CDT
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Delta’s $2.6 billion offer to buy Northwest Airlines has passed the scrutiny of federal antitrust regulators. Ensuing labor issues aside, official say the merger—which creates the world’s most patronized airline—would not "substantially lessen competition" and will benefit customers, Reuters reports.
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Deal awaits approval from antitrust regulators
Atlanta Journal-Constitution Sep 25, 08 2:45 PM CDT
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Shareholders of Delta and Northwest voted nearly unanimously today to approve the airlines' merger, the Atlanta Journal-Constitution reports. With shareholders in agreement, federal antitrust regulators must now approve the deal. A Justice Department decision is expected late this year, but labor issues remain. Dozens of workers protested today outside the Northwest shareholders’ meeting in New York, shouting, “What do we want? No merger!”
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Become first major airline to wirelessly enable its entire fleet by 2009
Wall Street Journal Aug 5, 08 10:46 AM CDT
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Unholster your Blackberry and sharpen your stylus; Delta will become the first major airline to offer Internet access across its entire 330-plane fleet by next summer, the Wall Street Journal reports, driven by the proliferation of handheld wireless devices and a desire among business passengers to keep working. Delta surveyed 15 of its largest corporate customers, finding “overwhelmingly they wanted to be more productive," Delta’s CEO said.
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Delta-Northwest deal likely to spark more consolidation
Houston Chronicle Apr 15, 08 4:11 AM CDT
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The Delta-Northwest merger will create the world's biggest airline—but that title could fall before the ink is even dry on the deal as industry pressures force other carriers into shotgun weddings, the Houston Chronicle reports. Analysts believe United and Continental would be a good match and a deal between the two is widely expected, possibly in a matter of weeks.
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UPDATED
Execs forging ahead without pilot approval
New York Times Apr 14, 08 7:17 PM CDT
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Delta and Northwest Airlines execs agreed today to merge their companies into the world's largest airline, the New York Times reports. Delta CEO Richard Anderson will lead the new company, called Delta, if Northwest shareholders approve the transaction. The $3.1 billion deal would give Northwest shareholders 1.25 Delta shares for each outstanding Northwest share, a 17% premium from Monday's closing prices.
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Big carriers scurry to boost bottom line as small airlines go bust
Wall Street Journal Apr 4, 08 2:38 AM CDT
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Northwest Airlines is jacking up fares and fees and scaling back domestic operations, the Wall Street Journal reports. The airline, trying to deal with soaring fuel costs and a slowing economy without instituting pay cuts, also plans to freeze hiring. Northwest will keep adding international flights, but will add fuel surcharges as high as $160.
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Dispute over seniority scotched initial merger agreement
Wall Street Journal Mar 28, 08 4:41 PM CDT
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Northwest is trying to resuscitate the Delta merger that nearly went through in February with a deal that wouldn’t need pilot agreements or include anticipated salary increases, the Wall Street Journal reports. The pilots' inability to agree on seniority rules appeared to derail the deal, which didn't require labor agreements; both parties want it fast-tracked so the Bush Justice Department staffers will still be in a position to vet it.
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Major US carriers downgrade as hard times loom
Christian Science Monitor Mar 20, 08 4:02 AM CDT
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America's major airlines are getting ready for tougher times ahead, slashing jobs and cutting back operations. As the Christian Science Monitor reports, soaring fuel prices will inevitably lead to higher ticket prices, which will lead to less passengers—which, in turn, will force airlines to hike fares again to cover flying costs. "The party's over, particularly for leisure travelers," one industry analyst said.
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So far, proposals skirting key Delta concerns
Wall Street Journal Feb 27, 08 3:13 AM CST
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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.
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Delta-Northwest marriage looms; United eyes Continental
Wall Street Journal Feb 7, 08 3:05 AM CST
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The airline industry is bracing for what would be a mammoth double wedding, as merger talks between Delta and Northwest airlines shift into second gear, and Continental and United Airlines begin their courtship. Currently on the Delta-Northwest plate is a market price stock-for-stock transaction, with no premium for either company, the Wall Street Journal reports.
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Airline 'very, very actively looking,' but uncertain on when, with whom
Minneapolis Star Tribune Dec 5, 07 12:39 PM CST
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Northwest Airlines is "very, very actively looking" for a merger partner, a company executive told Wall Street analysts yesterday, but it is uncertain whether such consolidation is more likely to be approved by the Bush administration or its successor, the Minneapolis Star Tribune reports. Analysts say Delta—known to be contemplating mergers, as is United—would be the best match with Northwest.
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Everyone has their travel hell story, but which airlines are the true villains?
Forbes Oct 4, 07 1:31 PM CDT
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Lost luggage, canceled flights and appalling delays seem to be par for the course in air travel these days. But some airlines are worse than others. Forbes provides the hit list: Atlantic Southeast Airlines Comair (a division of Delta Air Lines) American Eagle Airlines (a division of American Airlines)
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