Delta CEO On The Prowl For Some Hot Merger Action

Delta’s CEO Richard “Anybody Wanna Buy An Airline?” Anderson, formerly the CEO of Northwest, has finally started shopping Delta around for a merger buddy like we all knew he would.

It seems pretty clear which airline he’s thinking of for Delta, though, of course, he denies it.

From the Star-Tribune:
Richard Anderson, the new CEO of Delta Air Lines and former head of Northwest Airlines, on Tuesday ignited a new round of speculation about airline mergers when he said a Delta deal could have “obvious benefits” for its employees and shareholders.

Anderson did not name a potential merger target for Atlanta-based Delta, but analysts long have argued that Eagan-based Northwest would make a good partner because the carriers’ route networks complement each other.

We are evaluating the best path forward for Delta,” Anderson said.

Stressing that “evolution toward a more consolidated industry will continue,” he said a merger “could make sense for Delta if it is done thoughtfully from a position of strength.”

This is a change of tune from earlier this year when Delta’s former CEO beat back a hostile takeover bid by US Airways CEO Doug “I’m OK To Drive” Parker.

Is NWA merger on horizon? [Star-Tribune]

Comments

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  1. Chairman-Meow says:

    Oh and i’m sure that all that stock compensation he received when he was Northwest’s CEO will have no effect on his decision to merge Delta & Northwest.

    Nope, no conflict of interest here at all..move along please nothing to see here.

  2. MENDOZA!!!!! says:

    seriously – who here does not want to punch this guy in his smug little face?

  3. Major-General says:

    @Front_Towards_Enemy: Delta and NWA are the worst combination: only one aircraft in common, and the hubs are too close. The combined airline would have JFK, ATL, SLC, CVG, DTW, MSP, MEM, NRT, AMS.

    As a minimum close or downsize MEM and CVG, but how do you deal with the others? DTW and ATL would stay for sure, as would SLC, but MSP would likely drop as would AMS due to the regulators.

    No, Delta and Continental would make more sense. What an aweful mess either way.

  4. IRSistherootofallevil says:

    I propose a jetBlue-Virgin America merger. Same planes, they both seem to care about the customer, almost the same destinations….oh wait, maybe not….JFK/LGB/SFO. Not great.

  5. IRSistherootofallevil says:

    No, Mr. CEO, nobody wants to buy an airline.