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July 25, 2008 1:04:53 PM CDT

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Stories related to: Northwest Airlines

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  • May 2008

    • Another United Merger Crashes

      newser  |  New York Times  |  May 28, 08 3:20 AM CDT

      Another United Merger Crashes

      A proposed merger between United Airlines and rival US Airways has collapsed, just a month after a deal between United and Continental fell apart. Some analysts predicted the rising cost of jet fuel would power merger deals, but the failed negotiations have raised serious questions about the success of future consolidation in the airline industry, reports the New York Times . More »

      Tags

      United Airlines  • fuel costs  • Northwest Airlines  • Delta Air Lines  • Justice Department  • US Airways  • Continental Airlines  • mergers

    • Planes Slowing Down to Save on Fuel Costs

      newser  |  Associated Press  |  May 3, 08 12:30 PM CDT

      Planes Slowing Down to Save on Fuel Costs

      As airlines feel the pain of higher energy prices, planes are slowing down to save fuel, the AP reports. Southwest, for instance, will save $42 million by adding a few minutes to each flight this year, and passengers are unlikely to notice. But it’s no cure-all: Labor costs go up with flight time, and going too slowly actually increases fuel costs. More »

      Tags

      airline industry  • airline  • American Airlines  • United Airlines  • fuel costs  • fuel efficiency  • Northwest Airlines  • Southwest Airlines  • JetBlue

  • April 2008

    • Delta, Northwest Execs: Merger Would Ease Gas Burden

      newser  |  Associated Press  |  Apr 24, 08 3:51 PM CDT

      Delta, Northwest Execs: Merger Would Ease Gas Burden

      The CEOs of Delta and Northwest took their case for a merger to Capitol Hill today, where they argued that they would be better equipped to deal with surging gas prices as a single company. Both businesses had big first-quarter losses, and the executives told lawmakers they’d be better competition for foreign airlines as a team, the AP reports. More »

      Tags

      gas prices  • Northwest Airlines  • John Conyers  • Delta  • mergers

    • United and Continental May Be Next to Merge

      newser  |  Houston Chronicle  |  Apr 15, 08 4:11 AM CDT

      United and Continental May Be Next to Merge

      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. More »

      Tags

      airline industry  • airline  • merger  • American Airlines  • United Airlines  • fuel costs  • Northwest Airlines  • Continental Airlines  • Delta Airlines

    • Delta, Northwest Approve Merger

      newser  |  New York Times  |  Apr 14, 08 7:17 PM CDT

      Delta, Northwest Approve Merger

      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. More »

      Tags

      merger  • United Airlines  • fuel costs  • Northwest Airlines  • Continental Airlines  • Delta Airlines

    • Delta, Northwest Close to Merger After Revived Talks

      newser  |  Wall Street Journal  |  Apr 13, 08 3:40 PM CDT

      Delta, Northwest Close to Merger After Revived Talks

      Delta and Northwest Airlines are readying a merger that could be announced as soon as Tuesday, reports the Wall Street Journal . But disputes over the deal’s financial terms and handling of pilot seniority threaten to scuttle the union. Negotiations between the two carriers broke down last week but were revived this weekend with the hope of reaching an agreement by tomorrow. More »

      Tags

      airline industry  • Northwest Airlines  • Delta Air Lines  • mergers  • pilots contract

    • 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

    • Cheap Flights, Passenger Perks Lost in Transit

      newser  |  MarketWatch  |  Apr 8, 08 6:03 AM CDT

      Cheap Flights, Passenger Perks Lost in Transit

      The days of discounts and perks on major US airlines have disappeared from the horizon, possibly forever, Marketwatch writes. The stratospheric fuel prices that caused three airlines to shut down last week alone are forcing airlines to boost their bottom lines any way they can. Capacity is being cut back and charges for things like second bags are spreading through the industry. More »

      Tags

      gas prices  • airline industry  • airline  • United Airlines  • Northwest Airlines  • ATA  • surcharge

    • Passengers Air a Record Number of Complaints

      newser  |  Associated Press  |  Apr 7, 08 3:45 AM CDT

      Passengers Air a Record Number of Complaints

      Airline passengers on domestic flights are unhappier than they've been in years, with consumer complaints up 60%, according to the annual Airline Quality Rating survey. Long delays, cancellations, overbooking, late arrivals, and lost baggage accounted for most of the complaints, which haven't been this bad since 2000, reports the AP. Complaints doubled on US Airways and Comair, and increased for 15 out of 16 carriers in the study. The sole exception was Mesa Airlines. More »

      Tags

      airline  • FAA  • United Airlines  • Northwest Airlines  • US Airways  • flight cancellation  • Delta  • Southwest  • air travelers  • American  • lost baggage  • Comair  • Mesa Airlines  • AirTran  • complaints

    • Northwest Hikes Fares, Cuts Flights

      newser  |  Wall Street Journal  |  Apr 4, 08 2:38 AM CDT

      Northwest Hikes Fares, Cuts Flights

      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. More »

      Tags

      gas prices  • airline industry  • Northwest Airlines  • Delta Airlines  • Aloha Airlines  • surcharge

  • March 2008

    • Delta-Northwest Deal May Be Back On, Without Pilot Input

      newser  |  Wall Street Journal  |  Mar 28, 08 4:41 PM CDT

      Delta-Northwest Deal May Be Back On, Without Pilot Input

      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. More »

      Tags

      Northwest Airlines  • Justice Department  • Delta Airlines  • mergers  • pilots  • pilot seniority

    • Airlines Fasten Seatbelts for Bumpy Ride

      newser  |  Christian Science Monitor  |  Mar 20, 08 4:02 AM CDT

      Airlines Fasten Seatbelts for Bumpy Ride

      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. More »

      Tags

      oil price  • recession  • airline industry  • air travel  • American Airlines  • United Airlines  • Northwest Airlines  • Continental Airlines  • Delta Airlines  • airline ticket prices

    • Delta Will Slash 2K Jobs

      newser  |  Atlanta Journal-Constitution  |  Mar 18, 08 2:02 PM CDT

      Delta Will Slash 2K Jobs

      Battered by skyrocketing fuel prices, Delta Air Lines will eliminate 2,000 jobs to cut costs, the Atlanta Journal-Constitution reports. With oil prices driving the airline’s fuel expenditures $900 million higher than expected, the carrier will offer buyouts to some 30,000 employees, aiming to cut 1,300 flight attendant and agent positions in addition to 700 administrative jobs, mostly through voluntary severance and hiring freezes. More »

      Tags

      oil price  • mergers and acquisitions  • merger  • fuel costs  • Northwest Airlines  • Delta Air Lines  • pilot seniority  • voluntary severance

    • Pilot Impasse May Ground Northwest-Delta Merger

      newser  |  Minneapolis Star Tribune  |  Mar 18, 08 9:55 AM CDT

      Pilot Impasse May Ground Northwest-Delta Merger

      Merger talks between Delta and Northwest appear to be headed for a hard landing after pilots for the carriers called off their own negotiations over seniority issues, reports the Minneapolis Star Tribune. The airlines boards will meet this week to decide whether the merger should go forward, but Delta's CEO is on record saying it hinges on the pilots' agreement. More »

      Tags

      airline  • merger  • Northwest Airlines  • pilot  • Delta  • pilot seniority  • ALPA

  • 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

    • Delta-Northwest Pilots Ground Airline Merger

      newser  |  Associated Press  |  Feb 20, 08 6:49 AM CST

      Delta-Northwest Pilots Ground Airline Merger

      Northwest and Delta merger talks are stuck on the runway today, as  pilots continue talks on a deal to combine their workforces, AP reports. Representatives for the 12,000 pilots are hung up on issues of seniority, insiders said; directors of the airlines hoping to announce their $20-billion merger plans today are waiting for a breakthrough. The pilots unions have agreed on a joint contract, but seniority lists are crucial to determine rankings for benefits. More »

      Tags

      merger  • Northwest Airlines  • pilot  • Delta Air Lines  • ALPA

    • Delta-Northwest Merger Close to Takeoff

      newser  |  Wall Street Journal  |  Feb 19, 08 6:27 AM CST

      Delta-Northwest Merger Close to Takeoff

      Directors at Delta and Northwest meeting tomorrow could announce a marriage of the two airlines by day’s end if a crucial deal with the airlines’ 11,000 unionized pilots can be reached, reports the Wall Street Journal. The resulting company would be the largest airline in the world, and would almost certainly face tough scrutiny from regulators. More »

      Tags

      airline industry  • mergers and acquisitions  • American Airlines  • Atlanta  • Northwest Airlines  • pilot  • Delta Air Lines  • US Airways  • Continental Airlines  • Memphis  • Air France KLM Group  • Cincinnati  • UAL Corp.

    • 2 Airline Mega Mergers Prepare for Takeoff

      newser  |  Wall Street Journal  |  Feb 7, 08 3:05 AM CST

      2 Airline Mega Mergers Prepare for Takeoff

      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. More »

      Tags

      airline industry  • merger  • United Airlines  • antitrust  • Northwest Airlines  • Continental Airlines  • Delta Airlines

  • January 2008

    • FBI Reignites DB Cooper Case

      newser  |  Oregonian (Portland)  |  Jan 2, 08 10:06 AM CST

      FBI Reignites DB Cooper Case

      The FBI is again seeking help solving the intriguing 36-year-old mystery of DB Cooper, last seen parachuting from a hijacked Northwest Airlines jet over southwest Washington with a $200,000 ransom. He appears to have vanished into thin air—if he survived the daring jump. But now the FBI has released new information on its own website about the elusive hijacker in a new push to solve the case, reports the Oregonian . More »

      Tags

      FBI  • Washington  • Northwest Airlines  • Mexico City  • hijack  • D.B. Cooper

  • December 2007

    • Northwest's Merger Plans Still 'Evolving'

      newser  |  Minneapolis Star Tribune  |  Dec 5, 07 12:39 PM CST

      Northwest's Merger Plans Still 'Evolving'

      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. More »

      Tags

      merger  • United Airlines  • Northwest Airlines  • Delta Airlines

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