9:41am ET
Transportation
Why Northwest Air (NWA) Is In Trouble
Investors should hope that airlines will do what they can to keep business. Northwest Airlines (NYSE: NWA) seems to want to do the opposite. I tried to get a ticket for my…
Companies
/Industrials
Delta Air Lines Inc
$82.76
▲ $1.01 (+1.24%) today
Markets closed · 8:04pm ET
DAL Coverage
Page 504:54am ET
Transportation
New United/Continental Deal Could Kill Delta (DAL) Takeover
Who would have imagined that the Delta (NYSE: DAL) merger with Northwest (NYSE: NWA), which was announced yesterday, could be scuttled by a merger of Continental (NYSE: CAL) and United (NASDAQ: UAUA)?…
2:35am ET
Media
Media Digest 4/15/2008 Reuters, WSJ, NYTImes, FT, Barron’s
According to Reuters, Northwest (NWA) and Delta (DAL) will merge to create the world’s largest airline. Reuters writes that the profit at Bear Stearns (BSC) fell 79%. Reuters reports that Continental (CAL)…
4:38am ET
Investing
Delta (DAL) And Northwest (NWA): A Day Late And A Dollar Short
The revived merger between Delta (DAL) and Northwest (NWA) is based on the premise that, in a airline industry depression, two carriers mashed together work better than if they remained independent. It…
Douglas A. McIntyre 2:42am ET
Media
Media Digest 4/14/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Blockbuster (NYSE:BBI) said it has offered to buy Circuit City (NYSE:CC) for $6 to $8 in cash. Reuters writes that a merger between Delta (NYSE:DAL) and Northwest (NYSE:NWA) could…
3:22pm ET
Transportation
Delta (DAL) Merger With Northwest (NWA) Could Come In Days
The on-again, off-again merger between Northwest (NYSE: NWA) merger with Delta (NYSE: DAL) appears ready to go through. The deal could be hurt by the fact that the pilots have not signed…
Douglas A. McIntyre 4:29am ET
Transportation
As Frontier (FRNT) Goes Down, AMR (AMR) Can’t Stay Afloat
Frontier (NASDAQ: FRNT) filed for Chapter 11 joining ATA and Aloha Air. According to MarketWatch "The airline said the decision was taken after its principal credit-card processor unexpectedly said it would start…
2:52am ET
Media
Media Digest 4/11/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Bernanke says that the current financial system can be fixed. Reuters writes that Google (GOOG) is using Frank Quattrone as its investment bank advisor. Reuters reports that banks involved…
5:32am ET
Transportation
As Hong Kong Airline Fails, Large US Carriers Face Trouble
Oasis Airlines in Hong Kong is shutting down. According to MarketWatch "Oasis Chief Executive Stephen Miller told a news conference all flights were being canceled immediately." Oasis gets to join a growing…
2:55am ET
Media
Media Digest 4/9/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Citigroup (C) will sell $12 billion in troubled loans to a group of private equity firms. Reuters reports that some members of the Fed believe that the US will…
5:02am ET
Transportation
Cheap Multiples For Legacy Airlines Flying To Bermuda Triangle (DAL, UAUA, AMR, NWA, CAL, LCC)
It’s that magic time of the economic cycle, all over again. Investors run screens galore for cheap stocks to hide money in during a consumer and credit recession. One group keeps showing…
4:46am ET
Transportation
In The Face Of A Failing Industry Northwest (NWA) And Delta (DAL) Restart Talks
The argument that airline mergers improve profits is debatable. Combinations doe not save on fuel costs. Unions often use the marriages as ways to get wage concessions. The last thing a new…
Douglas A. McIntyre 2:55am ET
Media
Media Digest 4/7/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuteres, Novartis will buy Nestle’s Alcon stakes for $39 billion. Reuters writes that Microsoft (MSFT) has given Yahoo! (YHOO) a dealine for buy-out talks. Reuters writes that Yahoo! will inform…
6:22pm ET
Transportation
An AMR (AMR) Bankruptcy: The Perversion Of The Airline Industry
In all industries staying out of Chapter 11 is a badge of honor. The sole exception to that is the airline business where bankruptcy is embedded in the culture like ticks are…
12:20pm ET
Transportation
Skybus: Another Airline Closes (AMR)(NWA)(DAL)(UAUA
Skybus became the latest US airline to close its doors. Over the last week Aloha Airlines and ATA have also shut down. Northwest (NYSE: NWA) announced that it would raise passenger fares…