Delta, Northwest For Possible Merger Announcement

Delta and Northwest could announce a combination that would create the world's biggest airline, but pilot contract issues still loomed and there was no guarantee the deal would move ahead. Three people familiar with the talks discussed this on Sunday. The people, who spoke on condition of anonymity because of the sensitivity of the situation, said officials were mobilizing for an announcement provided the boards of the two companies give final approval to a deal. This would be quite a merger. It will be interesting to see what happens. There has been quite a bit on the news about it this morning.

Northwest Airlines

Northwest Airlines emerged from bankruptcy protection May 31 and said this week it earned $273 million during its second quarter before accounting boosts related to its reorganization. Northwest shares fell 52 cents or nearly 3 percent to $17.43 Tuesday. Northwest Airlines cancelled so many flights this week that they really caused a bottleneck in air travel for a great many people who are very unhappy and I can't blame them.