Jaunted

Tags: Airline Mergers / Delta / NWA / → All Tags

Adventures of Link: Delta-Northwest Deal Still Percolating

Shareholders of Delta and Northwest will vote tomorrow on whether to merge the two beleaguered carriers. One little problem though: No one has any idea exactly how a tie-up will save the two airlines $2 billion a year. Still, it looks like the vote will be "yes" all around. (Why not, right?)

There's another problem left to contend with, too: Regulatory approval from the US Department of Justice. But while Delta and Northwest wait to hear on that, they can at least toast to a small victory with the FAA, which has approved an operating certificate for the proposed combined carrier.

Related Stories:
· Delta, Northwest Merger Goes to Vote [WSJ]
· Delta, Northwest Shareholders to Vote Thursday [AJC]
· Merger Vote Hangs on "Leap of Faith" [Bloomberg]
· From August: Delta-Northwest Deal May Actually Happen [Jaunted]