The sad fact is so far Delta's performance is lagging pre merger performance relative to the rest of the airline industry. Management has to hail the merger as a great success and it may yet turn out to be true but so far it has not produced the revenue and improvements management claimed. The CEO of CAL nailed it when he said they see no need to merge after looking at the financials from the Delta NWA merger. While worldwide yields are down 10 to 20 percent the yields in the far east are down almost 40 percent. This is killing the financial performance of the airline. Lets hope the far east recovers soon or Delta may well be looking at a second chapter 11 filing in 3 to 5 years.