Delta cool to hostile bid from US Airways FINAL Edition
US Airways passengers check in Wednesday at Orlando International Airport. The airline made an $8 billion bid Wednesday for Delta Air Lines, which said it would review the proposal but was going ahead with its goal to emerge from bankruptcy next year as a stand-alone company. JULIE FLETCHER/ORLANDO...
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| Published in | The Orlando sentinel |
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| Main Author | |
| Format | Newspaper Article |
| Language | English |
| Published |
Orlando, Fla
Tribune Publishing Company, LLC
16.11.2006
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| Online Access | Get full text |
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| Summary: | US Airways passengers check in Wednesday at Orlando International Airport. The airline made an $8 billion bid Wednesday for Delta Air Lines, which said it would review the proposal but was going ahead with its goal to emerge from bankruptcy next year as a stand-alone company. JULIE FLETCHER/ORLANDO SENTINEL . CHART: TAKEOVER ATTEMPT US Airways said Wednesday that it was offering $8 billion in a hostile bid to take over rival Delta Air Lines, the 2nd-largest carrier at Orlando International Airport. US Airways stock rose on the New York Stock Exchange. Wednesday's US Airways stock price: 9:30 am: $53.50 4 pm: $59.50 OIA passenger market* Southwest 20.3% Delta 12.9% American 9.7% AirTran 8% JetBlue 7.8% US Airways 7.4% Continental 6.3% United 5.9% Northwest 4.9% Spirit 2.8% *August 2006 SOURCES: Standard & Poor's Comstock Inc., Orlando International Airport ORLANDO SENTINEL |
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