Air Travel: What's Hot Now: Rumors - US Airways and Delta

Air Travel: What's Hot Now These articles that had the largest increase in popularity over the last week // via fulltextrssfeed.com

Rumors - US Airways and Delta Feb 2nd 2012, 11:03 US Airways has made an unsolicited bid on bankrupt Delta Airlines. Its initial offer of $8 billion was quickly rejected, but US Airways has upped its offer and now other airlines may be interested in Delta. Airlines Involved US Airways is making an offer on Delta Airlines Current Offer / Offers The original bid from US Airways for Delta Airlines at approximately $8 billion was flatly rejected. The increased offer is said to be worth between 10 and 13 billion. There is a question of whether US Airways can handle that sort of debt load. Response to the Offer Initial offer of $8 billion was rejected. Delta has a stand alone plan. Current, improved offer may be very appealing to Delta's creditors. No definitive response yet to the newer offer. What Is Being Said about the Merger Rumors United Airlines is also said to possibly be interested in Delta. Northwest Airlines is now also rumored to be in talks with Delta Airlines after Northwest exits Chapter 11 bankruptcy this year. Gordon Bethune, who brought Continental Airlines from "worst to first" has been hired to advise Delta regarding any possible merge with another airline. What a Merger Could Mean for Air Travelers Merging these two airlines would likely lead to a harmonized frequent flyer program. Overlap on flight routes could mean reduced capacity (flights) on similar routes, and potential job losses at the airlines. There is always a risk of higher priced tickets if competition dwindles and the market is not filled with some other competitor.

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