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Vaughn Cordle: Delta, Northwest deal odds "greater than 50%"
Rising oil prices, plunging market values and a slowing economy could prompt a major airline merger this year. So says Vaughn Cordle, the head of AirlineForecasts. He tells John Wordock his money is on Delta and Northwest. He says the odds of those two carriers merging are "greater than 50%." A marriage, Cordle says, would be the best option for big airlines right now.
Vaughn Cordle: Delta, Northwest deal odds "greater than 50%"
Rising oil prices, plunging market values and a slowing economy could prompt a major airline merger this year. So says Vaughn Cordle, the head of AirlineForecasts. He tells John Wordock his money is on Delta and Northwest. He says the odds of those two carriers merging are "greater than 50%." A marriage, Cordle says, would be the best option for big airlines right now.