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mergers

Looks like the Delta-Northwest engagement is officially in trouble, which means folks like Kate Hanni and The International Association of Machinists and Aerospace Workers the can keep their powder dry for the next merger. Or maybe not.

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It should come as absolutely no surprise that someone like Rep. James Oberstar (D-Minn.) would take a stand against the latest round of airline mergers. After all, Oberstar is the chairman of the House Committee on Transportation & Infrastructure, and he’s spent his career officiating the failed marriages of air carriers. “Mergers may mean short-term profits for investors,” he says. “But they inevitably mean long-term losses for workers and consumers.” It may, however, come as a surprise who is not opposing the likely unions of United and Continental, Delta and Northwest, and perhaps even American and US Airways.

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