Comair updates?
01-20-2008 | 07:21 PM
#1433
Gets Everyday Off
Joined: Dec 2007
Posts: 285
Likes: 0
From: Furlough Specialist
Thought this was good stuff. Couldn't wait till April Fools though, timing is now!
Atlanta, Georgia (January 20) - Delta Air Lines (NYSE: DAL) today announced that it intends to acquire Virginia-based USAF Holdings (NYSE: USAF), parent company of the Washington, DC-based United States Air Force.
Delta is already involved in a marketing partnership with the Skyteam Alliance, but the company said there is "virtually no overlap" on the routes served by the two groups.
"Acquiring USAF will give our customers the benefits of a more comprehensive travel network throughout the U.S. and around the globe," said Leo Mullin, chairman and CEO of Delta Air Lines. "USAF's large Middle Eastern presence will enhance both the Delta network and the networks of our partner airlines."
"We need, as a country, an aviation sector that thrives, not just survives," Mullin said. "While we are still reeling from the recent events, we owe it to our industry and to our nation to preserve and protect the air transportation system so essential to our nation’s health for now and for the future."
ABN Amro analyst Raymond Neidl said concerns about slow economic recovery and rising oil prices had forced Delta into the merger. "There was still some uncertainty about oil supply," he said, "however this merger ensures Delta's ability to leverage good terms for their jet fuel."
Samuel Buttrick, an analyst at UBS PaineWebber, said the merger would allow Delta to explore new longer range non-stop routes using USAF's expertise in aerial refueling. "This opens up a whole new route system to Delta," he said. "Aerial refueling will allow non-stop service from Delta's East Coast markets to South East Asia and Australasia."
Delta Air Lines, the world’s second largest carrier in terms of passengers carried and the leading U.S. airline across the Atlantic, offers 5,987 flights each day to 418 destinations in 73 countries on Delta, Delta Express, Delta Shuttle, Delta Connection carriers and Delta’s worldwide partners. Delta is a founding member of SkyTeam, a global airline alliance that provides customers with extensive worldwide destinations, flights and services. For more information, please go to delta.com.
USAF is the largest air force in the world, offering daily departures to 136 domestic and 87 international destinations. Operating major hubs in North America, Asia and Germany, USAF (www.af.mil) has extensive service throughout the Americas, and to Europe and Central Asia. USAF is in the top quarter of FORTUNE magazine’s "100 Best Militias to Work for in America," and has won first or second place J.D. Power awards for twelve consecutive years.
Delta is already involved in a marketing partnership with the Skyteam Alliance, but the company said there is "virtually no overlap" on the routes served by the two groups.
"Acquiring USAF will give our customers the benefits of a more comprehensive travel network throughout the U.S. and around the globe," said Leo Mullin, chairman and CEO of Delta Air Lines. "USAF's large Middle Eastern presence will enhance both the Delta network and the networks of our partner airlines."
"We need, as a country, an aviation sector that thrives, not just survives," Mullin said. "While we are still reeling from the recent events, we owe it to our industry and to our nation to preserve and protect the air transportation system so essential to our nation’s health for now and for the future."
ABN Amro analyst Raymond Neidl said concerns about slow economic recovery and rising oil prices had forced Delta into the merger. "There was still some uncertainty about oil supply," he said, "however this merger ensures Delta's ability to leverage good terms for their jet fuel."
Samuel Buttrick, an analyst at UBS PaineWebber, said the merger would allow Delta to explore new longer range non-stop routes using USAF's expertise in aerial refueling. "This opens up a whole new route system to Delta," he said. "Aerial refueling will allow non-stop service from Delta's East Coast markets to South East Asia and Australasia."
Delta Air Lines, the world’s second largest carrier in terms of passengers carried and the leading U.S. airline across the Atlantic, offers 5,987 flights each day to 418 destinations in 73 countries on Delta, Delta Express, Delta Shuttle, Delta Connection carriers and Delta’s worldwide partners. Delta is a founding member of SkyTeam, a global airline alliance that provides customers with extensive worldwide destinations, flights and services. For more information, please go to delta.com.
USAF is the largest air force in the world, offering daily departures to 136 domestic and 87 international destinations. Operating major hubs in North America, Asia and Germany, USAF (www.af.mil) has extensive service throughout the Americas, and to Europe and Central Asia. USAF is in the top quarter of FORTUNE magazine’s "100 Best Militias to Work for in America," and has won first or second place J.D. Power awards for twelve consecutive years.
01-21-2008 | 03:09 AM
#1434
Thread Starter
West Coast livin
Joined: Mar 2007
Posts: 984
Likes: 0
From: Captain
Atlanta, Georgia (January 20) - Delta Air Lines (NYSE: DAL) today announced that it intends to acquire Virginia-based USAF Holdings (NYSE: USAF), parent company of the Washington, DC-based United States Air Force.
Delta is already involved in a marketing partnership with the Skyteam Alliance, but the company said there is "virtually no overlap" on the routes served by the two groups.
"Acquiring USAF will give our customers the benefits of a more comprehensive travel network throughout the U.S. and around the globe," said Leo Mullin, chairman and CEO of Delta Air Lines. "USAF's large Middle Eastern presence will enhance both the Delta network and the networks of our partner airlines."
"We need, as a country, an aviation sector that thrives, not just survives," Mullin said. "While we are still reeling from the recent events, we owe it to our industry and to our nation to preserve and protect the air transportation system so essential to our nation’s health for now and for the future."
ABN Amro analyst Raymond Neidl said concerns about slow economic recovery and rising oil prices had forced Delta into the merger. "There was still some uncertainty about oil supply," he said, "however this merger ensures Delta's ability to leverage good terms for their jet fuel."
Samuel Buttrick, an analyst at UBS PaineWebber, said the merger would allow Delta to explore new longer range non-stop routes using USAF's expertise in aerial refueling. "This opens up a whole new route system to Delta," he said. "Aerial refueling will allow non-stop service from Delta's East Coast markets to South East Asia and Australasia."
Delta Air Lines, the world’s second largest carrier in terms of passengers carried and the leading U.S. airline across the Atlantic, offers 5,987 flights each day to 418 destinations in 73 countries on Delta, Delta Express, Delta Shuttle, Delta Connection carriers and Delta’s worldwide partners. Delta is a founding member of SkyTeam, a global airline alliance that provides customers with extensive worldwide destinations, flights and services. For more information, please go to delta.com.
USAF is the largest air force in the world, offering daily departures to 136 domestic and 87 international destinations. Operating major hubs in North America, Asia and Germany, USAF (www.af.mil) has extensive service throughout the Americas, and to Europe and Central Asia. USAF is in the top quarter of FORTUNE magazine’s "100 Best Militias to Work for in America," and has won first or second place J.D. Power awards for twelve consecutive years.
Delta is already involved in a marketing partnership with the Skyteam Alliance, but the company said there is "virtually no overlap" on the routes served by the two groups.
"Acquiring USAF will give our customers the benefits of a more comprehensive travel network throughout the U.S. and around the globe," said Leo Mullin, chairman and CEO of Delta Air Lines. "USAF's large Middle Eastern presence will enhance both the Delta network and the networks of our partner airlines."
"We need, as a country, an aviation sector that thrives, not just survives," Mullin said. "While we are still reeling from the recent events, we owe it to our industry and to our nation to preserve and protect the air transportation system so essential to our nation’s health for now and for the future."
ABN Amro analyst Raymond Neidl said concerns about slow economic recovery and rising oil prices had forced Delta into the merger. "There was still some uncertainty about oil supply," he said, "however this merger ensures Delta's ability to leverage good terms for their jet fuel."
Samuel Buttrick, an analyst at UBS PaineWebber, said the merger would allow Delta to explore new longer range non-stop routes using USAF's expertise in aerial refueling. "This opens up a whole new route system to Delta," he said. "Aerial refueling will allow non-stop service from Delta's East Coast markets to South East Asia and Australasia."
Delta Air Lines, the world’s second largest carrier in terms of passengers carried and the leading U.S. airline across the Atlantic, offers 5,987 flights each day to 418 destinations in 73 countries on Delta, Delta Express, Delta Shuttle, Delta Connection carriers and Delta’s worldwide partners. Delta is a founding member of SkyTeam, a global airline alliance that provides customers with extensive worldwide destinations, flights and services. For more information, please go to delta.com.
USAF is the largest air force in the world, offering daily departures to 136 domestic and 87 international destinations. Operating major hubs in North America, Asia and Germany, USAF (www.af.mil) has extensive service throughout the Americas, and to Europe and Central Asia. USAF is in the top quarter of FORTUNE magazine’s "100 Best Militias to Work for in America," and has won first or second place J.D. Power awards for twelve consecutive years.
01-21-2008 | 05:07 AM
#1436
Gets Weekends Off
Joined: Feb 2007
Posts: 3,045
Likes: 1
From: FO
Not quite. More mainline flying and less regional flying is a good thing. Less low paying jobs and more higher paying jobs.
01-21-2008 | 06:06 AM
#1437
Gets Weekends Off
Joined: Sep 2007
Posts: 1,163
Likes: 0
From: Aeroplanes
I'm with 'Moon on this one. This was inevitable. The 50 seat RJ has had its day. Things are/are going to shift back to larger guage flying. 70 seat flying will be the replacement of some 50 seat routes, and mainline will replace some of the rest. Just look at what United has done lately. You see much more CR7 United Express aircraft than you do CRJs.
01-21-2008 | 06:26 AM
#1438
Gets Weekends Off
Joined: Aug 2007
Posts: 148
Likes: 0
maybe i am missing something....but Leo Mullin has not been the CEO for quite some time now...... are we reflecting one something that was proven in the future (now?)? or did we not realize Jan 20 was from a different year??
01-21-2008 | 07:45 AM
#1440
Gets Weekends Off
Joined: May 2007
Posts: 1,617
Likes: 0
From: Some Hotel
SkyWest flies the CR9 from SLC-YYZ, CMH, PIT, CLE, etc, all routes that were previously flown my MD-90s. I just saw that SkyWest will be replacing the early MD-90 CVG-SLC flight starting in April. That's not right, but I guess that is what this indutsty is coming too.
/end rant
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