October 31, 2008
Delta-Northwest Merger Complete
Delta Air Lines has completed its merger with Northwest Airlines, after receiving necessary regulatory approval from the US antitrust authorities, to create the world's largest airline in terms of passenger traffic.
The merger was realized six months after Delta and Northwest forged a deal to create a combined entity to mitigate growing fuel costs that have threatened to ground several US carriers. The combined airline will be called Delta.The combined entity has 75,000 employees and accounts for annual revenue of $35 billion. Delta and Northwest had carried a combined total of 126 million passengers in 2007, and the combined airline will serve 375 destinations across 66 countries.
The combined airline will be based in Delta's home base, Atlanta. Northwest's staff uniforms and aircraft branding will disappear as its operations are absorbed into the merged entity. The group will be headed by Delta CEO, Richard Anderson.