Originally Posted by
sailingfun
I heard a interesting rumor that may make everyone happy. With the market meltdown the NWA pensions now are going to come at a huge cost increase to Delta that may not be affordable.
That makes some sense. The S&P 500 is down 40% since this merger was announced. Its reasonable to assume the NWA pension funds have suffered a similar loss. That's billions of dollars.
The economics of the merger may have changed in a fundamental way.