Wednesday, February 13, 2008

Airline Mergers: 'Consolidation' Means Happy Workers

Just for the record: We'll have to get back to you on that one, probably after you get your multi-million-dollar buyout, Skippy:

From today's Detroit News:

Merger may aid airline workers

Northwest CEO vows that any deal to join with Delta will be in employees' best interest.

Nathan Hurst / The Detroit News

Amid speculation that Northwest Airlines Corp. is close to reaching a merger deal with Delta Air Lines Inc., Northwest CEO Doug Steenland told employees this week that his airline's board will make sure any transaction is in the workers' best interest.

"I, the management team and the board of directors will not move forward with a transaction that does not benefit all of our key stakeholders: our employees, our customers, our shareholders and the communities we serve," Steenland said Monday in a recorded message on Northwest's employee hotline. "Any merger would have to put our airline in a safe harbor and offer long-term stability and job security for our front-line employees." ...


No comments: