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April 15, 2008

US airlines Delta and Northwest agree to merge

US airlines Delta and Northwest agree to merge

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Tuesday, April 15, 2008

Delta airplanes at Boston’s Logan International Airport

Rival United States airlines Delta Air Lines and Northwest Airlines announced today that they have agreed to merge. The new airline, which will use the Delta name, will be the largest commercial airline in the world.

Technically, Delta will be buying Northwest in a roughly US$3 billion deal. Northwest shareholders will receive 1.25 shares of Delta for each share of Northwest. Based on Monday’s closing prices on the New York Stock Exhange this represents a 17% premium for Northwest shareholders.

Richard Anderson, the Delta chief executive officer who will also head the new company, said: “We said we would only enter into a consolidation transaction if it was right for all of our constituencies; Delta and Northwest are a perfect fit. Today, we’re announcing a transaction that is about addition, not subtraction, and combines end-to-end networks that open a world of opportunities for our customers and employees. We believe by partnering with our employees, including providing equity to U.S.-based employees of Delta and Northwest, this combination is off to the right start.”

The combined company would have $35 billion in annual revenue and approximately 75,000 employees. The deal does have to receive regulatory approval. “We will look at the competitive effects of the transaction and how it would affect consumers,” said Gina Talanoma, a spokesperson for the United States Department of Justice.

Airline industry consultant Robert Mann told Reuters, “It’s a very optimistic view on an industry that’s been very dismal for the last couple of weeks.”



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January 12, 2008

Delta Air Lines may enter merge talks with Northwest or United Airlines

Delta Air Lines may enter merge talks with Northwest or United Airlines

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Saturday, January 12, 2008

Delta Air Lines may enter merge discussions with one of two other major United States air carriers – Northwest Airlines or United Airlines.

It is known that Chief Executive Richard Anderson has asked for authorisation to begin talks, and believed executives have held a meeting at which permission was sought to enter discussion with one of the two airlines, but the results are yet to be confirmed.

Ajc.com reported that airline spokesman Kent Landers refused to confirm even the existence of the meeting, saying “Delta has a longstanding policy not to comment on board meeting dates or agendas. Our board is working with management to look at all strategic options to remain a leader in the industry, including potential consolidation transactions. [Delta] won’t provide updates on the board’s process.”

The airline has been in exploratory talks with both Northwest and United since late 2007, and it is believed that the purpose of the New York meeting was to select which airline offered Delta the better deal and authorise moving talks on to the next level. If a deal goes ahead and survives regulatory checks and potential opposition from politicians and consumer advocates then a merge with either airline would be the biggest between two US airlines, and would result in the biggest airline in the world.

Rapidly rising costs in the aviation industry are driving airlines towards merges. In particular, the price of jet fuel jumped 58% in 2007, driven by the rapidly increasing price of oil. When Anderson joined Delta in early September, he commented that he was not interested in potential merge deals. However, as prices rise and shares fall for airlines, he publicly changed his stance to being open to Delta-led mergers. Shares in all three companies shot up amid the news of a potential deal, although they have begun falling again, and did not hit last year’s highs. Delta has a current market value of around $4.2 billion, less than half the amount US Airways offered last year in an attempt to buy Delta, which failed.



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November 5, 2006

FBI raids creator of fake boarding pass generator

FBI raids creator of fake boarding pass generator

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Sunday, November 5, 2006

Christopher Soghoian, 24, a doctoral student in information security at Indiana University, released a boarding pass generator for Northwest Airlines on October 25th. In the release, he stated that it demonstrates flaws in airport security and the no-fly list.

A few days later, on October 27th, Soghoian was visited by the FBI who told him to take down the site. Soghoian complied with the FBI request. However, the FBI then raided his apartment that evening; apparently due to lack of a warrant during the first visit.

Rep. Ed Markey (D-Mass.) had called for Soghoian to be arrested in October.

Fake boarding passes are quite easy to create in Microsoft Word; assuming you have access to a old boarding pass for comparison. Indeed, Amnesty International has created a similarly passable fake boarding pass for their AirTorture fundraising site.

In February 2005, Senator Charles Schumer noticed this loophole in no-fly list. He urged the TSA to “check every passenger’s ID against the passenger’s face and his boarding pass and ticket”, as has been done immediately after the September 11th attacks. TSA declined to follow the senator’s recommendation.

Mirrors of the fake boarding pass generator are available online.

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August 24, 2006

Netherlands flight alert suspects to be freed

Netherlands flight alert suspects to be freed

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Thursday, August 24, 2006

Two F-16 fighter jets escorted the plane back to Amsterdam’s Schiphol Airport.

The twelve people arrested after a US flight had to make an emergency landing in Amsterdam yesterday will be released, Dutch prosecutors say. “From the statement of suspects and witnesses, no evidence could be brought forward that these men were about to commit an act of violence,” said a prosecution statement. It also added that no bombs were found by police on the aircraft.

The Northwest Airlines flight, which was destined for Mumbai in India, was escorted back to Amsterdam’s Schiphol Airport due to a security alert.

The plane, which had 149 passengers on board, was accompanied by two F-16 fighter jets after passengers became concerned about a group of Asian men who were fidgeting with plastic bags and mobile phones.

On landing, the twelve passengers were taken off the plane and interrogated by police.

Since August 10, when police in the UK claimed they had foiled a suspected plot to blow up several transatlantic planes, there have been several similar incidents.

Related news

  • “12 arrested after India-bound flight escorted back to Amsterdam’s Schiphol Airport” — Wikinews, August 23, 2006
  • “Pair taken off plane because of “suspicious” behaviour” — Wikinews, August 20, 2006
  • “US Airport evacuated in ‘liquid bomb’ scare” — Wikinews, August 17, 2006
  • “United Airlines Flight 923 makes emergency landing at Logan International Airport” — Wikinews, August 16, 2006
  • “Police in Britain uncover suspected terrorist plot” — Wikinews, August 11, 2006

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September 15, 2005

US airlines Delta, Northwest file for bankruptcy

US airlines Delta, Northwest file for bankruptcy

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Thursday, September 15, 2005

Delta Boeing 757-252

Delta Airlines and Northwest Airlines, the third and fourth-largest US airlines, filed for bankruptcy protection from creditors on Wednesday. Together with United and US Airways, four of the seven biggest US carriers are now operating under bankruptcy protection, representing 51% of US passenger flight capacity.

The filing occurred due to rising fuel prices, high labor expenses and competition from low-fare carriers.

Delta and Northwest both said that bankruptcy protection would cause no changes for passengers in their flight schedules and frequent-flyer schemes. However, analysts say that cuts in some flights can be expected in the future.


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