Delta Executives Consider Merger Talks
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Executives of the carrier want to engage in merger discussions with United Airlines and Northwest Airlines as a way to cut costs and stay profitable.
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Merger talks between United Airlines   and Continental Airlines Inc  have picked up  pace, but a deal still hinges on the outcome of discussions  between Delta Air Lines  and Northwest Airlines Corp  , people briefed on the situation said on Friday.
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Delta Air Lines Inc  plans on Friday to ask its board for permission to begin formal merger talks with both Northwest Airlines Corp  and United Airlines parent UAL Corp , the Wall Street Journal reported on Thursday.
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Delta Air Lines Inc. DAL.N said on  Monday it is meeting with bankruptcy lawyers to prepare in case  the carrier needs to file for bankruptcy protection, but added  that recent talks with pilots make it hopeful a pilot agreement  can be reached later this week.
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Leaders of the union that represents pilots at Delta Air Lines  and Northwest Airlines  have reached a deal to integrate the two work groups if the airlines merge, the Detroit News reported on Tuesday.
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Delta Air Lines Inc.&#39;s chief executive, Gerald Grinstein, backpedaled yesterday from his earlier hope that an agreement with pilots on stemming early retirements could be worked out by week&#39;s end.
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Delta Air Lines Inc. and its pilots' union recessed talks Sunday without reaching an agreement on pay cuts that the company says are crucial to its effort to avoid bankruptcy.
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Delta Air Lines managers and pilots will meet again today and likely negotiate through the weekend to find a way to keep the airline staffed with pilots as many opt for early retirement.
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The chief executive of Delta Air  Lines told a U.S. senator on Tuesday there is no merger  agreement yet with Northwest Airlines, but the two sides are  continuing to work toward a deal.
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Delta Air Lines Inc. and its pilots&#39; union recessed talks Sunday without reaching an agreement on pay cuts that the company says are crucial to its effort to avoid bankruptcy.
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Northwest Airlines has entered into formal merger discussions with Delta Air Lines and will look for another partner if Delta tries to merge with United Airlines instead
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Delta Air Lines Inc. Chief Executive Gerald Grinstein yesterday said that even if the carrier's pilots approve a $1 billion cost-cutting agreement, the airline may still have to seek Chapter 11 bankruptcy protection.
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Delta Air Lines Inc  has started merger talks with both Northwest Airlines Corp  and United Airlines parent UAL Corp , and hopes to reach an agreement with one of them over the next two weeks, the Wall Street Journal reported on Tuesday.
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The boards of directors of Delta Air Lines Inc. and Northwest Airlines Corp. were expected to vote on a combination provided their pilot unions can reach their own deal
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Delta Air Lines Inc  Chief Executive Officer Richard Anderson has told the airline's board he will waive compensation in the event of a merger.
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Delta Air Lines Inc  has started merger talks with Northwest Airlines Corp  and United Airlines parent UAL Corp , and hopes to reach an agreement with one of them over the next two weeks, The Wall Street Journal reported on Tuesday.
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A pay cut deal between Delta Air Lines and its pilots union didn&#39;t materialize Tuesday, though investors apparently think the airline&#39;s chances of sidestepping bankruptcy are improving.