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    • Tue Apr 15th 09:13 AM
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      Rating: 0 0
      Commented on:
      Status Report: Delta - Northwest
      Hey butts...better yet. Tell us why it's NEW name is Delta? (when Delta's balance sheet is nowhere near NW's)

      Delta is barely ALIVE, has a terrible balance sheet with HUGE debt due over the next few years, and couldn't buy a greyhound bus let alone Northwest Airlines.
      View article »
    • Sun Apr 13th 18:24 PM
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      Rating: 0 0
      Commented on:
      Status Report: Delta - Northwest
      bocacassidy, et al (delta activists)

      Clearly, you are confused, or do not understand the process of a merger. These airlines managements can "announce" anything they like. It does NOT mean it will happen..the hurdles against this combo attempt is insurmountable in my estimation.

      They do NOT have the blessing of NWA employees (Unions) which means it places them firmly behind powerful Aviation/Transportatio... Chairman, Congressman James Oberstar/ the Dem. Congress/ The incoming Dem. President.

      Moreover, this is about MONEY and the pay off of Hedge Funds, this has NOTHING to do with creating a "better" company. Anyone who believes that simply doesn't have a clue about the economics of what's involved.

      NWA's balance sheet dictates that it is the acquirer. The Delta name and HQ location is a reflections of the Delta carry over from bankruptcy of a NOL valued at $9.1 BILLION dollars, which CAN NOT be transferred to a new owner under IRS bankruptcy laws.

      I predict it will not come to fruition. NWA as a corporation has too much to lose. As a shareholder, I am immensely disappointed in the NWA BOD and will call for the removal of Bostock and others.
      View article »
    • Sun Apr 13th 18:10 PM
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      Rating: 0 0
      Commented on:
      Status Report: Delta - Northwest
      NWA managment and BOD (sic, Wellington Hedge Fund) may desire and announce a merger. But there is a far difference between an announcement and the actual merger.

      I do not believe NWA employees are in any hurry to give away their BILLIONS in pay cuts to appease Hedge Funds and allow Steenland to take his millions and get out.

      This has all the makings of a long drawn out battle the likes we have never seen in US aviation. Hedge Funds really ought to be banned from US airlines. This industry is too vital for the US economy for the outlaw-ish activity that has taken hold of it since the mid-1980s. Enough is enough.

      Re=regulate.
      View article »
    • Sun Apr 13th 18:01 PM
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      Rating: 0 0
      Commented on:
      Will Delta Agree to Northwest's Offer Without Pilot Consent?
      Again, this publication feels that the pilots can eventually reach a mutually agreeable settlement (as occurs in virtually every airline transaction), but the concept that a formal merger agreement will expedite this is very much flawed. In fact, it could very well result in the opposite outcome desired by the companies."

      This is the mentality of NW's CEO and BOD that employees have had to stomach for the last 5 years. It is a poisonous, amateurish display of lack of skill.
      View article »