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U.S. Airways Bids $8 Billion to Take Over Delta

by Jack Speer, NPR
November 15, 2006

U.S. Airways announces a proposal to take over Delta Air Lines in a deal worth $8 billion in cash and stock. The new airline would take the Delta name. U.S. Airways is currently in the process of finalizing its merger with America West.

If it goes through, the proposed deal may start a series of mergers and consolidation in the airline industry that has only recently returned to profit after billions of dollars of losses.

Copyright 2013 NPR. To see more, visit http://www.npr.org/.

Broadcast Dates

  • All Things Considered, November 15, 2006
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