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Delta Air Lines has come a long way in a very short time, reversing years of huge losses to put itself in position to post its fourth-straight annual profit. While rivals United Continental and US ...
Delta Air Lines is a major airline in the United States headquartered in Atlanta, Georgia. [1] It is the United States's oldest operating airline and the seventh-oldest operating worldwide . [ 6 ] Delta, along with its regional subsidiaries and contractors operating under the brand name Delta Connection , operate over 5,400 flights daily and ...
A Northwest Airlines Airbus A330-300, shortly before the merger with Delta in 2008. Delta Air Lines as it exists today is the result of numerous mergers over its history. Predecessor carriers include: Chicago and Southern Air Lines (formed in 1933, merged into Delta in 1953). [24]
As part of its recently updated five-year financial plan, Delta Airlines has authorized a $500 million share repurchase program over the next three years, and instituted a $0.06-per-share ...
On April 25, 2008, it was reported that US Airways was in talks to merge its operations with either American Airlines or United Airlines, partially as a response to the recent Delta Air Lines and Northwest Airlines merger. [64] Then, on April 28, 2008, reports stated that US Airways would announce its intent to merge with United within two ...
The combined airlines would have flown under the Delta Air Lines name. Delta Air Lines repeatedly stated its intentions of exiting bankruptcy as a stand-alone carrier. On December 19, 2006, Delta's Board of Directors officially rejected US Airways offer. The final decision, however, was up to Delta Air Lines creditors as well as a bankruptcy ...
On April 15, 2008, Delta Air Lines and Northwest Airlines announced a merger agreement. [1] The merger of the two carriers formed what was then the largest commercial airline in the world, with 786 aircraft. The Delta Air Lines brand was retained, while Northwest's brand officially ended in 2010. [2]
Gerald ("Jerry") Grinstein (born 1932) is an American businessman, the former chief executive officer (CEO) of Delta Air Lines. He was CEO of Burlington Northern Railroad from 1985 to 1995, and joined Delta's board of directors in 1987. He became CEO of Delta in 2004, a time of financial crisis for the airline.