Volume 17
April 22, 2019

A Weekly Aviation Career
Newsletter from Avjobs, Inc.

A Weekly Aviation Career Newsletter from Avjobs, Inc.
 
Aviation Career Topics
Announcing New Services
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E-News from Avjobs
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Job of the Week
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Link Partners
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About Archived Content
Young Adults in Aviation
Young Adults in Aviation Par
Working On The Goodyear Blim
WHS Aircraft Training Center
What Aviation Employers Expe
Virtual Flying
Virgin America Takes Flight
Video Job Profiles
The History Of Flight Attend
The Gratitude Campaign
Recruiting Minorities to Avi
Pilot Promotes Aviation Care
Pilot Completes Trip
Pay Hikes and Bonuses
Northwest Airlines Hiring
No Ordinary Flight Instructo
Jumpseat Ride Flying Charter
Joe Jones Aviations True Spi
Is an FAA Career for You
IATA Reports On Airline Traf
Hubble Multimedia Package
Honda Aircraft Company
History Of Flight Attendants
Having Fun for a Living
Gordon Page Warbird Recovery
Funding Prevents Furloughs
Flying The Canyon
Flight Simulation
Flight Attendants Contract
FAA To Hire 15000
FAA Bumps Retirement Age
Encourage a New Generation
Delta Promises Stability
Corporate Flight Attendant J
Congress Recognizes Irving
Colorado Astronauts
Climb Aviations Career Ladde
Cirrus Design
Changing Careers
Career Profile Airline Pilot
Career Profile Airline CEO
Boeing Enjoys Sales Spike
Barrington Irving on CNN
Aviations Renaissance Man
Aviation Salaries Wages Pay
Aviation Photography
Aviation Pay Philosophies
Aviation Employee Competenci
Aviation Career Salary Range
Aviation Career Overviews
Armed Pilots Refresher Train
An Aerobatic Superstar
American Warns Unions
Airline Ramp Agents
Airline Overhead Bins
Airline Merger Update
Airline Flight Attendant Car
Aircraft Sales
Aircraft Maintenance Technic
Air Traffic Controller Caree
Aerospace Engineering
A Life in Aviation
A Career in Virtual Aviation
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A Weekly Aviation Career Newsletter from Avjobs, Inc.
Airline Merger Update

US Airways and Delta Air Lines

Airline Merger Update

US Airways withdrew its merger offer for Delta Air Lines after Delta's creditors said they would not support the buyout bid. The committee of unsecured creditors formally endorsed Delta's plan to emerge from bankruptcy as an independent airline. The committee said it considered many factors, including the deal's valuation, timing, risks and likelihood of success. Some industry analysts believe US Airways will pursue another merger 'perhaps for Northwest Airlines. US Airways CEO Douglas Parker said earlier this week that bankrupt airlines are attractive because they 'offer good opportunities to boost profits.'

In the meantime, AirTran Holdings is extending the deadline for its $345 million takeover bid of Midwest Air Group. The offer was originally set to expire on February 8th but has now been pushed back a month. On January 23rd, AirTran asked the New York Supreme Court to order Milwaukee-based Midwest Air to release its shareholder list, claiming the airline is trying to "thwart AirTran from communicating directly with the Midwest shareholders about its offer to merge the two airlines." Two days later, Midwest's board unanimously recommended its shareholders reject AirTran's takeover bid, calling the offer 'opportunistic' and saying it 'undervalues' the company.

 


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