Northwest and Delta Talk Merger
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The combination could force other carriers to seek partners, people with knowledge of the talks said Wednesday.
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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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UAL Corp.'s  United Airlines and Continental Airlines  have held preliminary talks about a potential merger as consolidation in the airline industry heats up, a source familiar with the situation said on Wednesday.
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On Wednesday, Delta pilots agreed on cost saving plan of the company as Delta Air Lines is trying to avoid possible filing for Chapter 11 bankruptcy.
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A $20 billion deal to combine Delta Air Lines Inc. and Northwest Airlines Corp. was in "serious jeopardy" late Tuesday
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Delta Air Lines Inc. is looking for a partner, but it isn't United Airlines. The third-largest US carrier said yesterday that it had had no discussions with Chicago-based United about a merger that would create the nation's largest carrier, dismissing a report that the talks had been ongoing for some time.
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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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Nessuna informazione su negoziati tra Delta e Northwest
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UAL Corp.'s  United  Airlines and Continental Airlines  have held preliminary  talks about a potential merger as consolidation in the airline  industry heats up, a source familiar with the situation said on  Wednesday.
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Nextel and Sprint are in talks that could lead to a merger between the two mobile phone operators, sources close to the discussions said 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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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 may still face bankruptcy despite of tentative agreement with its pilots dated late Wednesday. Late Wednesday, Delta reached an agreement with its pilots to cut costs in order for the carrier to survive.
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Delta Air Lines&#39; (DAL.N: Quote, Profile, Research) pilots union said late Wednesday it had reached a tentative agreement with the airline on cost savings.
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MINNEAPOLIS - Pilots for Northwest Airlines Corp. said Thursday that negotiators have agreed to $265 million in concessions. As part of the tentative agreement, Northwest managers agreed to $35 million in concessions of their own.
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The Northwest Airlines and Delta Air Lines boards could meet as soon as today to approve a merger that would create the world's largest carrier, if pilots for the two airlines agree, according to people familiar with the talks.
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Troubled US carrier Delta Air Lines has reached an outline cost cutting agreement with its pilots, a deal that could save it from bankruptcy.