Which will be the world’s largest airline?

Posted by stephen on April 15, 2008

Delta Air Lines Inc. and Northwest Airlines Corp. reached agreement on a merger deal yesterday that, if approved, would create the world’s largest airline. The combined airline will be headquartered in Atlanta, GA and will retain the Delta name. The merged carrier will have nearly $18 billion enterprise value, and will be run by Delta CEO Richard Anderson. Combined, the new company will serve more than 390 destinations in 67 countries, operating a fleet of nearly 800 aircraft and employ approximately 75,000 people worldwide.

Both airlines’ customers will benefit from the combined carrier’s financial stability, as well as the opportunity to fly to more destinations, have more schedule options and more opportunities to earn and redeem frequent flyer miles.

The merger is subject to the approval of Delta and Northwest shareholders and regulatory approvals. It is expected that the regulatory review period will be completed later this year.

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