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Business
and
Finance

 

Business
Today

by Novi's
Gregory Chapman
 

 

The New Delta (2+2=5)
April 16, 2008

Delta and Northwest Airlines have been in merger talks in an effort to improve its odds of survival in an industry that has struggled in recent years.

The idea is the two airlines will be able to utilize scales of economy and according to a Northwest executive it will be a "merger by addition." The idea is that two plus two will somehow add up to more than four, a hope that has often driven airline mergers in the past, with mixed results.

There's no guarantee that the merger will succeed, especially given the state of the economy, sky-high fuel prices and looming labor issues. But there's very little doubt that Delta and Northwest have a better chance of overcoming those challenges together than apart.

There can be strength in size and the millions in cost savings.

Business
2 Unions Will Try and Ground NWA/Delta Merger 

International
Plane crash in Congo

Technology
Audi R8

Finance
Dollar Sinks to Record Low 

University of Chicago GSB
Toyota: From Importer to U.S. Manufacturing Giant

US and Global Markets and Currency


ABOUT MR. CHAPMAN

Greg Chapman is a long time Novi resident involved in the community. Greg is on the Board of Directors of the Novi Chamber of Commerce, and is a volunteer coach for Novi Parks and Recreation. He also produces Novi Pulse, a local cable TV show for and about Novi.

 

 

Novi Area Business News

Hartland Twp. resident want Novi builder to finish

Morgan Stanley invest in the Learning Group

IPG Photonics purchases Magellan Road building

Novi Town Center to be redeveloped

Novi's Lotus Bank announces hiring two

Novi firm tracks retail trends

Novi walk-in clinic's business healthy

Startup bank seeks niche in Novi

Numnatics moves corporate HQ to Novi

Art Van renovating Novi, other stores

Delphi plant purchased by Novi company

Espec to open Novi office

Microposite moves from Novi to Auburn Hills

Taubman Centers announces strong 2007 results

Kroger focuses on Michigan growth from Novi

Novi-based ITC announces common stock offering

Chicago developer to manage Novi Town Center

Novi firm sues State of Ohio, others over fuel spill

Troy-based Elder Automotive buys Jaguar of Novi

Gold's Gym plans to open in Novi in 2008

Novi's Asian focused bank blossoms

Chameleon to move operations to Novi

For local auto suppliers, it's survival of the fittest

City of Ann Arbor fires Novi-based developer


Mr. Chapman's
Recommended Links

Reuters
BBC World News Live

Technology
Bloomberg Live
Weather Channel Forecast