Saturday, August 25, 2012

Delta-American Merger on Horizon?

Wall Street Journal reported yesterday that Delta Airlines may be considering a bid for American Airlines. Delta will be putting the lid on its regional carrier Comair in September, and many think that Delta may be positioning itself to make a move on American which has also been a target of USAirways. Acquiring American will not be easy for Delta but the two carriers share common legacy cultures and Delta has shown that it can meld acquisitions better than the still problematic United-Continental merger. www.premieretravel.com