ATLANTA and EAGAN, Minn. — After months of stalls and starts, Delta Air Lines and Northwest Airlines announced last night that the carriers will merge to create the world's largest airline valued at $17.7 billion.
The combined airline will be called Delta, according to a statement from Delta Air Lines. The company's headquarters will be in Atlanta with executive offices in Minneapolis/St. Paul, New York, Amsterdam, Paris and Tokyo.
Delta CEO Richard Anderson will be CEO of the combined company. Doug Steenland, the current Northwest CEO, will serve on the board of directors.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
- Educational webcasts, white papers, and ebooks from industry thought leaders.
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
