Not just DOJ approval, I think the Merger is done.
#1
Not just DOJ approval, I think the Merger is done.
This was on the NWA website which used to be call RADAR; now it looks to be DeltaNET 1.0
Delta and Northwest Merge, Creating Premier Global Airline
Customers can expect ‘business as usual’ with no immediate changes in operations
ATLANTA, Oct. 29, 2008 – Delta Air Lines, Inc. (NYSE: DAL) and Northwest Airlines, Inc. today merged, creating a premier global airline with service to nearly all of the world’s major travel markets.
The new airline, called Delta and headquartered in Atlanta, will begin its first day as a combined company with a commitment to delivering excellent service to customers in 66 countries and more than 375 worldwide cities – more than any other airline; with a dedicated base of approximately 75,000 worldwide employees; and with a best-in-class cost structure and strong liquidity balance that better positions the company to adapt to the weakening global economy.
“The airline industry faces a very difficult economic environment around the world and this merger gives Delta increased flexibility to adapt to the economic challenges ahead,” said Delta CEO Richard Anderson. “With much of the work to bring our airlines together well under way, the new Delta will be at the front of the pack in achieving the benefits of consolidation and is well positioned to navigate the tough waters ahead in a difficult economy.”
With the completion of the merger, Northwest Airlines is now a wholly owned subsidiary of Delta. Customers should continue to check-in and do business directly with the airline operating their flight just as they did before the merger. Delta will continue operation of the airlines’ separate Web sites, www.delta.com and www.nwa.com, as well as the two airlines’ reservations systems and loyalty programs.....
.....Delta closed the merger after receiving notice from the United States Department of Justice (DOJ) that it would not challenge the merger after reviewing its competitive impact. Earlier this year, the merger also received clearance from the European Commission. ....
...With its acquisition of Northwest Airlines, Delta Air Lines is now the world’s largest airline. From its hubs in Atlanta, Cincinnati, Detroit, Memphis, Minneapolis-St. Paul, New York-JFK, Salt Lake City and Tokyo-Narita, Delta and its Northwest subsidiary offer service to more than 375 destinations worldwide in 66 countries and serve more than 170 million passengers each year. Delta’s marketing alliances allow customers to earn and redeem either SkyMiles or WorldPerks on more than 16,000 daily flights offered by SkyTeam and other partners. Delta and its 75,000 worldwide employees are reshaping the aviation industry as the only U.S. airline to offer a full global network. More information about the new Delta is available online at news.delta.com.
Delta and Northwest Merge, Creating Premier Global Airline
Customers can expect ‘business as usual’ with no immediate changes in operations
ATLANTA, Oct. 29, 2008 – Delta Air Lines, Inc. (NYSE: DAL) and Northwest Airlines, Inc. today merged, creating a premier global airline with service to nearly all of the world’s major travel markets.
The new airline, called Delta and headquartered in Atlanta, will begin its first day as a combined company with a commitment to delivering excellent service to customers in 66 countries and more than 375 worldwide cities – more than any other airline; with a dedicated base of approximately 75,000 worldwide employees; and with a best-in-class cost structure and strong liquidity balance that better positions the company to adapt to the weakening global economy.
“The airline industry faces a very difficult economic environment around the world and this merger gives Delta increased flexibility to adapt to the economic challenges ahead,” said Delta CEO Richard Anderson. “With much of the work to bring our airlines together well under way, the new Delta will be at the front of the pack in achieving the benefits of consolidation and is well positioned to navigate the tough waters ahead in a difficult economy.”
With the completion of the merger, Northwest Airlines is now a wholly owned subsidiary of Delta. Customers should continue to check-in and do business directly with the airline operating their flight just as they did before the merger. Delta will continue operation of the airlines’ separate Web sites, www.delta.com and www.nwa.com, as well as the two airlines’ reservations systems and loyalty programs.....
.....Delta closed the merger after receiving notice from the United States Department of Justice (DOJ) that it would not challenge the merger after reviewing its competitive impact. Earlier this year, the merger also received clearance from the European Commission. ....
...With its acquisition of Northwest Airlines, Delta Air Lines is now the world’s largest airline. From its hubs in Atlanta, Cincinnati, Detroit, Memphis, Minneapolis-St. Paul, New York-JFK, Salt Lake City and Tokyo-Narita, Delta and its Northwest subsidiary offer service to more than 375 destinations worldwide in 66 countries and serve more than 170 million passengers each year. Delta’s marketing alliances allow customers to earn and redeem either SkyMiles or WorldPerks on more than 16,000 daily flights offered by SkyTeam and other partners. Delta and its 75,000 worldwide employees are reshaping the aviation industry as the only U.S. airline to offer a full global network. More information about the new Delta is available online at news.delta.com.
#2
Yeah, it's done... This is the DCC.
Looks like today is the DCC. This was on the site that our old RADAR site used to be...
"Joint site becomes DeltaNet 1.0
With the close of the merger, the joint Fly Together-Win Together site is now DeltaNet 1.0.
The rebranded site is accessible by former Northwest Airlines employees and gives a preview of the full DeltaNet experience. Technical limitations are not allowing full access to DeltaNet immediately. However, limited DeltaNet access will be available soon, with full anytime-anywhere access planned for early next year.
All the news and information from the former Fly Together-Win Together site still is available on DeltaNet 1.0, including up-to-date company information, news, events and other topics of interest."
"Joint site becomes DeltaNet 1.0
With the close of the merger, the joint Fly Together-Win Together site is now DeltaNet 1.0.
The rebranded site is accessible by former Northwest Airlines employees and gives a preview of the full DeltaNet experience. Technical limitations are not allowing full access to DeltaNet immediately. However, limited DeltaNet access will be available soon, with full anytime-anywhere access planned for early next year.
All the news and information from the former Fly Together-Win Together site still is available on DeltaNet 1.0, including up-to-date company information, news, events and other topics of interest."
#4
Well we are not past DCC or at it so I think that the point is moot. I guess they showed them.
I knew it would be quick. But this is impressive.
This is why everyone went to ground three days ago......
I knew it would be quick. But this is impressive.
This is why everyone went to ground three days ago......
#7
Yeah, that's the way I read it too. The Merger has been completed. And if the rumors from our web board are true, our guys have a 1 or 2 day grace period to retire under the NWA retirement plan.
#8
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I hope so, otherwise they really hosed some guys. I know there were roughly 20 for this month, some as early as next week.
#9
Please explain how they got hosed. IF they were really going to go, why did they wait until the last minute? Or was there a short period of time between DOJ approval and DCC that they had to go?
#10
Here's to seeing the fruits of this come to pass.
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