Delta and Northwest Join in Airline Mega-Merger
As airlines around the globe struggle to navigate through tough times for the industry, Delta Air Lines Inc. and Northwest Airlines Corp. have come up with their own possible solution. By Tuesday, the two companies had reached an agreement to join forces and create Delta, the world's biggest airline.
As airlines around the globe struggle to navigate through tough times for the industry, Delta Air Lines Inc. and Northwest Airlines Corp. have come up with their own possible solution. By Tuesday, the two companies had reached an agreement to join forces and create Delta, the world’s biggest airline.
Your support is crucial...The Los Angeles Times:
The pact came amid one of the industry’s most tumultuous periods as three airlines collapsed in one week and American Airlines, currently the largest carrier in the world, canceled thousands of flights because of missed aircraft inspections.
Like its competitors, the new airline would have to tackle two challenges plaguing the industry: escalating prices for jet fuel and the cost of maintaining an aging fleet of jetliners.
Delta and Northwest said the merged airline could better utilize its hundreds of airplanes and generate $1 billion in new annual revenue and savings from slashing redundant operations. Delta said the value of the combined airline would be $17.7 billion.
As we navigate an uncertain 2025, with a new administration questioning press freedoms, the risks are clear: our ability to report freely is under threat.
Your tax-deductible donation enables us to dig deeper, delivering fearless investigative reporting and analysis that exposes the reality beneath the headlines — without compromise.
Now is the time to take action. Stand with our courageous journalists. Donate today to protect a free press, uphold democracy and uncover the stories that need to be told.
Environment
'Ministry' says follow scientific advice and stop advertising the fastest way to fry the planet as peak heat meets peak holiday flights.
Business & Economy
Airline's gamble on mass layoffs and billions in handouts to investors goes badly.
The viral outbreak is threatening to crimp worldwide economic growth and hurt profits and revenue for a wide range of businesses.
Heavy snowstorm hits Colorado and Wyoming and continues to move east, while “bomb cyclone” phenomenon barrels into Oregon and California.
The immediate shuttering of 178-year-old tour company strands hundreds of thousands; a changing industry and Brexit blamed for its demise.
Travelers flying into the United States on Friday ran into long lines at major airports nationwide because of a temporary computer outage.
You need to be a supporter to comment.
There are currently no responses to this article.
Be the first to respond.