Delta Air Lines and Northwest Airlines late yesterday announced a merger agreement to create a mega-airline that would be the world's largest absent divestitures with aggregate annual revenue of more than $35 billion, a fleet of more than 800 aircraft and 75,000 employees worldwide. Following months of speculation, the carriers unveiled a proposed combination in which DL essentially would acquire NWA in a stock-swap transaction. NWA shareholders would receive 1.25 shares in the new carrier ...

Subscribe to Access this Entire Article

"Delta, Northwest announce agreement to form massive airline with $35 billion annual revenue" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.