Interesting take on where the NWA merger committee is. Here is the link to the whole article.
http://www.thestreet.com/_yahoo/news...FREE&cm_ite=NA
Transportation
Delta-Northwest Deal Could Be in Jeopardy
02/26/08 - 04:38 PM EST
CAL DAL LCC NWA UAUA
CHARLOTTE, N.C. -- The proposed merger between
Delta(
DAL -
Cramer's Take -
Stockpickr) and
Northwest (
NWA -
Cramer's Take -
Stockpickr) faces a potential collapse, sources say, for an unusual reason -- Northwest's pilots want to arbitrate seniority.
Delta pilots oppose arbitration, which was shown in the 2005 merger between
US Airways (
LCC -
Cramer's Take -
Stockpickr) and America West to be an unreliable method to protect pilots from severe career disruptions.