Any "Latest & Greatest" about Delta?
01-27-2012, 01:15 PM
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Posts: 1,235
Rumor Alert:
US Airways in the cross hairs as well??
01-27-2012, 01:15 PM
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Say what???
January 27, 2012, 5:01 PM.
Delta Studying US Airways as Possible Acquisition Target — sources.
By David Benoit WSJ
Delta Air Lines is now looking at making a run at US Airways Group, WSJ colleagues Gina Chon, Anupreeta Das and Susan Carey are reporting.
Delta, the world’s No. 2 airline by traffic, also has been assessing a similar move for much-larger American Airlines parent AMR Corp., the people have said. It is working with Goldman Sachs Group Inc. as one of its financial advisers, along with Blackstone Group, the people said.
Delta sees itself as a consolidator in the airline industry and is studying several options, the people added.
Delta has not yet approached US Airways, the No. 5 U.S. airline, and is still weighing which deal if any would make most sense and have the best odds of success, the people familiar with the matter said. Delta’s last transaction was in 2008, when it acquired Northwest Airlines.
More details still to come.
Delta Studying US Airways as Possible Acquisition Target — sources.
By David Benoit WSJ
Delta Air Lines is now looking at making a run at US Airways Group, WSJ colleagues Gina Chon, Anupreeta Das and Susan Carey are reporting.
Delta, the world’s No. 2 airline by traffic, also has been assessing a similar move for much-larger American Airlines parent AMR Corp., the people have said. It is working with Goldman Sachs Group Inc. as one of its financial advisers, along with Blackstone Group, the people said.
Delta sees itself as a consolidator in the airline industry and is studying several options, the people added.
Delta has not yet approached US Airways, the No. 5 U.S. airline, and is still weighing which deal if any would make most sense and have the best odds of success, the people familiar with the matter said. Delta’s last transaction was in 2008, when it acquired Northwest Airlines.
More details still to come.
01-27-2012, 01:17 PM
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Posts: 793
I saw the same thing a while back and wondered about that myself. It's not because you're on MIL leave. When did we loose those passes?
01-27-2012, 01:17 PM
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Position: LAX ERA
Posts: 3,457
Thanks, I'm off to try it! 20% off the Q fare from LAX wasn't that much cheaper than a direct flight out of PHX on Hawaiian (non refundable).
Thanks again,
Ferd
01-27-2012, 01:21 PM
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Joined APC: Apr 2008
Position: LAX ERA
Posts: 3,457
January 27, 2012, 5:01 PM.
Delta Studying US Airways as Possible Acquisition Target — sources.
By David Benoit WSJ
Delta Air Lines is now looking at making a run at US Airways Group, WSJ colleagues Gina Chon, Anupreeta Das and Susan Carey are reporting.
Delta, the world’s No. 2 airline by traffic, also has been assessing a similar move for much-larger American Airlines parent AMR Corp., the people have said. It is working with Goldman Sachs Group Inc. as one of its financial advisers, along with Blackstone Group, the people said.
Delta sees itself as a consolidator in the airline industry and is studying several options, the people added.
Delta has not yet approached US Airways, the No. 5 U.S. airline, and is still weighing which deal if any would make most sense and have the best odds of success, the people familiar with the matter said. Delta’s last transaction was in 2008, when it acquired Northwest Airlines.
More details still to come.
Delta Studying US Airways as Possible Acquisition Target — sources.
By David Benoit WSJ
Delta Air Lines is now looking at making a run at US Airways Group, WSJ colleagues Gina Chon, Anupreeta Das and Susan Carey are reporting.
Delta, the world’s No. 2 airline by traffic, also has been assessing a similar move for much-larger American Airlines parent AMR Corp., the people have said. It is working with Goldman Sachs Group Inc. as one of its financial advisers, along with Blackstone Group, the people said.
Delta sees itself as a consolidator in the airline industry and is studying several options, the people added.
Delta has not yet approached US Airways, the No. 5 U.S. airline, and is still weighing which deal if any would make most sense and have the best odds of success, the people familiar with the matter said. Delta’s last transaction was in 2008, when it acquired Northwest Airlines.
More details still to come.
01-27-2012, 01:25 PM
The Brown Dot +1
Joined APC: Jun 2009
Position: 777B
Posts: 7,775
Scoop,
You just raised a question in my mind, Strike. I wonder how many on our seniority list have been on strike and know what it's like to be walking the line? My guess 25-35%. It's been 13 years (1998) for me and the others from the north, but I still remember waking up wondering if or when I would go back to work. I know we are along way from that, but it's a possibility we all need to plan for. So, may I suggest, pay down your bills and set a little aside for a emergency/strike fund.
I am not trying to spread fear, just trying to pass along some advice giving to me by a wise captain many years ago.
You just raised a question in my mind, Strike. I wonder how many on our seniority list have been on strike and know what it's like to be walking the line? My guess 25-35%. It's been 13 years (1998) for me and the others from the north, but I still remember waking up wondering if or when I would go back to work. I know we are along way from that, but it's a possibility we all need to plan for. So, may I suggest, pay down your bills and set a little aside for a emergency/strike fund.
I am not trying to spread fear, just trying to pass along some advice giving to me by a wise captain many years ago.
Amish;
Your point is very good, not just for the possibility of a strike, but just a good way to live your life. Be debt free, don't buy anything you cant pay for with cash, have a couple of years pay saved, don't lease a new bmw, put a low limit on your credit cards (or get rid of them altogether), etc.
Saving and having cash without debt is an extremely liberating feeling. Sock away 30% of your pay every month automatically - before you see it. Before you know it you have resources.
In a sense, a strike vote says: "this situation is so bad, I am willing to walk away from this job." Personally, I'd walk over section 1 alone, everything else just heaps on top of that.
01-27-2012, 01:26 PM
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01-27-2012, 01:27 PM
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Posts: 890
So I guess I should retire my "Keep Delta My Delta" button, and write my congressman back, explaining a merger with US is now a good idea? I was just kidding before.
01-27-2012, 01:28 PM
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Joined APC: Apr 2008
Position: LAX ERA
Posts: 3,457
01-27-2012, 01:29 PM
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I think you can get 30% off if you don't want the mileage points? Isn't that right?
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