Delta, Northwest boards may vote on combination - WMC Action News 5 - Memphis, Tennessee

Delta, Northwest boards may vote on combination

ATLANTA (AP) - The boards of Delta Air Lines and Northwest Airlines are expected to vote Wednesday on combining -- provided their pilot unions can reach their own integration deal by then.

People briefed on the discussions said today that if the pilot agreement can't be reached by the time of the meeting, the boards are expected to just get an update on the status of merger talks between the two airlines.

A fourth person familiar with the talks also confirmed that Delta's board is expected to meet, and said the company is considering a Thursday announcement if everything falls into place.       As of midday today, there was no deal between the pilots unions, according to one of the people briefed on the talks.

Another person briefed on the talks said that as far as the aftermath of a combination of Delta and Northwest is concerned, there will be staff reductions at the senior level but very little at the bottom levels.

Delta has said that if it combines with another carrier, it wants to keep the airline based in Atlanta and called Delta. Officially, all it has said in recent weeks is that its board is considering strategic options, including a possible consolidation transaction.

(Copyright 2008 by The Associated Press.  All Rights Reserved.)

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