Delta rejects US Airways merger
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Delta Air Lines officially rejects an $8bn (Â£4.05bn) merger with US Airways proposed last month.
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A bankruptcy judge in Alexandria (website - news) refused Thursday to reverse his decision allowing temporary 21 percent pay cuts on some US Airways workers.
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A federal bankruptcy judge on Friday rejected an agreement between UAL Corp.  and its pilots union that would have let bankrupt United Airlines cut pilots' pay by 14 percent and terminate their pension plans.
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Australia's Qantas Airways Ltd.  has rejected a conditional A$10.9 billion ($8.6 billion) buyout offer led by Macquarie Bank Ltd.  and Texas Pacific Group .
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Australian flag carrier Qantas Airways has rejected a 10.9 billion dollar (8.6 billion US) takeover bid from a private equity consortium, sending its shares into a nosedive.
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Leaders of US Airways Group Inc.&#39;s (UAIR.O: Quote, Profile, Research) pilots union late Monday rejected the carrier&#39;s latest contract proposal, a setback to the No.
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Shares of US Airways Group Inc. slipped as much as 23 percent in early trading on Tuesday after its pilots union rejected the company's latest contract proposal, a blow to its attempt to avoid a second trip through bankruptcy.
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Delta Air Lines Inc.  said on Thursday it listened to a presentation by US Airways Group Inc.  concerning US Airways' $8.5 billion takeover offer for Delta, but repeated earlier statements that it intends to emerge from bankruptcy as a stand-alone carrier.
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Pact with union may allow the No. 3 airline to avoid a bankruptcy filing, newspaper says. NEW YORK (CNN/Money) - Delta Air Lines and its pilots union reached an agreement on concessions that could allow the
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Delta Air Lines Inc. formally rejected a bid by smaller rival US Airways Group Inc. and filed its own long-awaited plan to emerge from bankruptcy on Tuesday, valuing the carrier at up to $12 billion.
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US Airways Group Inc.  said on Thursday it made a presentation to the management of bankrupt Delta Air Lines Inc.  and its creditor committee on its $8.5 billion offer to buy Delta.
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Delta Air Lines Inc. said on Tuesday its board rejected an $8.4 billion bid from US Airways Group Inc. and filed its own plan to emerge from bankruptcy as an independent airline.
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Midwest Air Group Inc.  on Wednesday said it has turned down an unsolicited merger proposal from AirTran Holdings Inc. , parent of AirTran Airways.
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INDIANAPOLIS -- A federal judge yesterday rejected a Boston investor's bid for ATA Airlines Inc.'s Chicago Express regional carrier as part of the airline's bankruptcy reorganization.
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Australian flag carrier Qantas Airways said it had rejected a multi-billion-dollar takeover bid from a private equity consortium.
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United Airlines' mechanics union yesterday rejected a new cost-cutting contract and threatened to strike if a bankruptcy judge nullifies its existing agreement.
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US Airways drops its $10bn bid for rival Delta Air Lines after the latter's creditors back the firm's own recovery plan.