Northwest Airlines and Delta Airlines Merger

[MasterBates]

Yes I noticed Diesel is $3.94 a gallon here. Cost me $125 to fill my truck yesterday. My dad (truck driver) figures he is working 3 of 5 days a week just to pay for fuel.

Demand for that range of distillate will slacken some in the spring, as #2 home heating oil is essentially diesel with slightly less refining, so that will help on the demand end of the problem. The supply, not going to get better soon. Between chinese demand, out demand and OPEC not wanting to pump more, it will keep the rack price high.

Rack price = price of fuel loaded onto tanker truck for transport to gas station or other retail outlet/end user.

 

[A4sForever]

UPDATE -- It ain't over 'til the Fat Lady sings:

DELTA, NWA Pilots Unions could seek arbitration, source says

Wasn't someone on this thread saying (not gonna look it up) that DAL pilots would "never submit" to arbitration ...

Here's a little truism from the old country: we ALL eat cheese when we're hungry.

Believe it.

 

[A4sForever]

FINALLY!!! Some reasonably "good" news in the industry. But say buh-bye to new hiring for a while as a result of consolidation ...

Report: Delta-Northwest merger may be announced Tuesday

 

[BigIron]

I guess it's official now.

 

[A4sForever]

It will probably take a year + to make everything "work" ...

Too bad that the surviving name will be "DELTA", as they started in 1928 as Delta Air Service while Northwest began flyin' the mail in 1926 as Northwest Airways. NWA is the oldest, continuous flying US airline as of today -- Chalk's doesn't count -- remember, I said "airline".

Also too bad that "Dick" Anderson will be back. NWA "escaped" his enlightened management a few years ago. What a greasy, soft, lily-white handed, slicked-back weasel ...

The irony is that NWA and DELTA came w/in .25-.35 cents/share of stock and couldn't decide which "management team" would be the survivor --- in 1983.

What a difference in US airlines THAT merger would have made ... :icon_wink

 

[A4sForever]

Just noticed one more thing:

[FONT=Verdana,Sans-serif]" .... Northwest pilots and the union representing most of Northwest's ground workers immediately announced they would fight the combination.

Dave Stevens, chairman of the Northwest branch of the Air Line Pilots Association, said in a prepared statement, "The risk to Northwest Airlines and to the Northwest pilot group from letting this merger proceed, as it is now structured, is simply too great." ....



[/FONT][FONT=Verdana,Sans-serif]I love ya, Dave ...

[/FONT]

 

[Single Seat]

Here we go.

 

[Huggy Bear]

Also too bad that "Dick" Anderson will be back. NWA "escaped" his enlightened management a few years ago. What a greasy, soft, lily-white handed, slicked-back weasel ...

]

Careful A4's... They might try to get back at you through your pension for that comment.

Oh wait...

 

[A4sForever]

UPDATE ... the two airlines report a $10.5B (that's "B" as in "BILLION" ... spelled "B-I-L-L-I-O-N" ) loss for the 1st quarter, in part due to soaring fuel costs. If this continues, the American airline industry is in even deeper trouble than we thought -- and that's pretty deep:

DAL/NWA report a combined $10.5B loss

Whatever happened to all that oil we were gonna get for "goin' to war" .... ????

 

[Cobra Commander]

Really only a 4.4 billion loss. 6.1 of it was from a decline in share price. No big deal right?

 

[A4sForever]

UPDATE:

NORTHWEST, DELTA pilots reach tenative contract deal