Originally Posted by
PaloAlto
Delta wholly owned history:
Comair - Shut down
ASA - sold to Skywest to cut costs before their Chapter 11 filing
Compass - Acquired via the NWA merger, sold to Trans States Holdings
Mesaba - Acquired via the NWA merger, and we all know what happened with this one.
Not exactly a pretty picture.
ASA was sold to Skywest to raise cash and to secure gates. The gate decision DL probably regrets, but the cash came in handy. Without it DL would most likely not have survived.