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Delta CEO: Airline Not In Merger Talks With NWA

 
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selecta
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PostPosted: Thu Jan 25, 2007 5:14 am    Post subject: Delta CEO: Airline Not In Merger Talks With NWA Reply with quote

(AP) Atlanta Delta Air Lines CEO Gerald Grinstein has dismissed reports that Delta has been talking to Northwest Airlines about a possible merger.

Grinstein said in newsletter sent to Delta employees that Delta is not in merger talks with Minnesota-based Northwest.

He said Delta recently retained an investment banker to obtain information from Northwest at the behest of Delta's creditors committee. But he said the move was just part of what many carriers do to analyze and update potential responses to the industry's changing marketplace.

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