So, the recent rumors are true, Delta Air Lines and Northwest Airlines have announced its merger, creating the world’s largest carrier. The airline, with headquarters in Atlanta, will be called Delta and will have about 75,000 employees.
Officials with both airlines said there will be no layoffs of front-line employees nor immediate hub closings. The new airline will have domestic hubs in Atlanta, Minneapolis, Cincinnati, Salt Lake City, Detroit, Memphis and New York City – international hubs in Amsterdam and Tokyo.
Delta CEO Richard Anderson will be chief executive officer of the combined company. Delta Chairman of the Board Daniel Carp will become chairman of the new Board of Directors and Northwest Chairman Roy Bostock will become vice chairman. Ed Bastian will be president and chief financial officer. The Board of Directors will be made up of 13 members, seven of whom will come from Delta’s board, including Anderson, and five of whom will come from Northwest’s board, including Bostock and Doug Steenland, the current Northwest CEO. One director will come from the Air Line Pilots Association (ALPA).
Visit the newly created website http://www.newglobalairline.com for all information on the merger.
Continue at:
– http://biz.yahoo.com/pz/080414/140089.html
– http://www.ajc.com/business/content/business/delta/stori…