News and analysis on global M&A and corporate financing strategies

Finance / United States

US Airline Market To Consolidate?

February 2008 | Top Stories
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Delta Air Lines and Northwest Airlines could announce a merger in the next few weeks. Northwest CEO, Doug Steenland, told employees on February 6 that consolidation is "highly likely." Richard Anderson, Delta's CEO, said on February 8 that they will go ahead with mergers that meet the company's goals and create job security. Both airlines have shared details of the proposed merger with their respective pilot unions.