Jul
14
With Delta Air Line shareholders to vote in September on the prospective merger with Northwest Airlines, creating America's biggest airline, concerns are being raised about how anti-competitive the deal will be.
The American Antitrust Institute says put out a paper saying the merger would be disastrous all round as it would turn the merging parties into a monster, resulting in reduced seat availability, more expensive fares and service quality that's even worse than now.
Delta had a ton to say about the merger in their most recent Earnings Call that came out this week. You can read the full transcript at SeekingAlpha.com here:
http://snipurl.com/2zzx7