From the Atlanta Business Chronicle
Minneapolis-St. Paul will retain a "vibrant" hub and a substantial number of jobs if a Delta-Northwest merger moves forward, Northwest Airlines Corp. CEO Doug Steenland told business leaders Monday. But he said that soaring fuel costs may ultimately shrink local operations.
Speaking at a meeting of the St. Paul Area Chamber of Commerce, Steenland said the combined carrier will keep its reservation offices, data center and flight-training facility open following the close of the deal. Overall, he expects the deal to have a similar impact on the Twin Cities as the 1998 merger between Minneapolis-based Norwest Corp. and San Francisco-based Wells Fargo; In that deal, Minneapolis lost a corporate headquarters, but ultimately gained more jobs.
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