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Archive » Businesses
 
Northwest CEO suggests the right merger deal could be beneficial
Tuesday, 01.15.2008, 03:29pm (GMT)

                       

MINNEAPOLIS (AP) -- The chief executive of Northwest Airlines says his carrier could benefit from a merger -- if it's the right deal.

Doug Steenland sent an internal memo to employees Friday saying his airline's board and management team would analyze any deal carefully. His comments came as the board of Delta Air Lines met to discuss a possible merger.

Steenland says "the right transaction could be of benefit to our employees, our shareholders and the communities we serve."

He didn't say whether Delta had approached Northwest.

Delta officials were mum on the outcome of Friday's meeting.

Two people familiar with the situation say Delta's board was expected to be asked to allow formal talks between Delta, Northwest and United Airlines, with the idea that Delta would ultimately choose to combine with one of them.

Source : WSVN.COM



 
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Chongqing is situated at the upper reaches of the Yangtze and at the joint of central China and West China. It is rich in biological resources, mineral resources, water resources and the unique Three Gorges tourist resources. The world famous construction of the Three Gorges dam and developable emigration of the reservoir area and the investment demand and consumption need of the 30 million people who are marching to a well-off living standard will provide a vast market potential for the future development of Chongqing.


 
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