Delta board discusses US Airways bid: paper
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The board of Delta Air Lines Inc.   met by conference call to discuss US Airways Group  Inc.'s  $8.5 billion hostile bid, but the directors are  not expected to issue a formal position on the offer for  several days, the Wall Street Journal reported on its Web site  on Tuesday, citing people familiar with the matter.
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Delta Air Lines DAL.N said on  Wednesday its auditors have expressed doubt about the airline's  financial viability.
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The boards of Delta and Northwest have both scheduled emergency meetings for Tuesday where the deal, which would reshape the airline industry, could be approved.
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Air France-KLM  could provide  strategic or financial help in Delta Air Line Inc's   pursuit of a merger with another airline, The Wall Street  Journal reported on Thursday.
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Delta Air Lines, in an effort to avoid filing for bankruptcy protection, is considering giving its pilots an equity stake in exchange for pay and benefit cuts, a Delta pilot spokeswoman said yesterday.
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Delta Air Lines Inc. formally rejected a bid by smaller rival US Airways Group Inc.  on Tuesday and filed its own long-awaited plan to emerge from bankruptcy that would value the carrier at up to $12 billion.
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- Delta Air Lines said its board has rejected an $8.4 billion acquisition bid from rival US Airways Group Inc., calling the bid "structurally flawed" and plagued by antitrust and labor issues.
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US Airways' play for Delta could force struggling legacy airlines to link up--or go the way of TWA
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A group of nine unsecured creditors of  Delta Air Lines Inc.  have formed an unofficial  committee to represent their interests, as the bankrupt carrier  faces a takeover bid, according to court filings on Thursday.
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Shares of US airlines took off in Wednesday trading after UBS Investment Bank raised its rating on Delta Air Lines Inc., saying the cash-strapped carrier&#39;s latest survival moves are lessening prospects of bankruptcy.
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US Airways Group Inc.  is set to meet representatives of bankrupt Delta Air Lines Inc.  and a key group of its creditors in New York on Thursday, sources familiar with the matter said.
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US Airways is seeking $800 million in concessions from employee unions as it attempts to avoid filing Chapter 11. The Air Line Pilots Association will present its proposal on the evening of
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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  plans on Friday to ask its board 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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A group representing business travelers on Tuesday asked the US Congress to draft plans in the event that several major airlines are forced to liquidate.
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SAN FRANCISCO (CBS.MW) -- The 12-member pilot leadership council at US Airways Group delayed its decision Saturday on whether it will send management&#39;s latest contract offer to its pilots for a vote.
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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.