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Rep. Jim Oberstar, DFL-Minn., held a press conference today to weigh in on the newly announced merger between Northwest Airlines and Delta. Oberstar, who chairs the Committee on Transportation and Infrastructure, was asked how the merger will affect Minnesota.
Reflecting back to 1991, when Northwest was on the brink of bankruptcy and multiple parties came together to protect the airline, Oberstar suggested the agreements made at that time to maintain certain employment and business interests in Minnesota may now be in jeopardy.
Listen: Rep. Jim Oberstar on NWA/Delta merger (2:20)
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2 Comments »
Comment posted April 15, 2008 @ 6:48 pm
Our fares will rise, and promises will be broken. I’m not exactly a Northwest fan, but there is value, both tangible and intangible, in having Fortune 500 headquarters located in the Twin Cities. I discuss this more in depth here – http://gregprinceblo... - the state should press strongly for a dual headquarters solution. That shouldn’t be an issue if they are serious about maintaining an executive presence in Minnesota, and is the best lemonade we are likely to get out of this lemon of a merger.
And let there be no doubt. With Delta, our fares will be rising.
Comment posted April 15, 2008 @ 1:48 pm
Our fares will rise, and promises will be broken. I'm not exactly a Northwest fan, but there is value, both tangible and intangible, in having Fortune 500 headquarters located in the Twin Cities. I discuss this more in depth here – http://gregprinceblo... - the state should press strongly for a dual headquarters solution. That shouldn't be an issue if they are serious about maintaining an executive presence in Minnesota, and is the best lemonade we are likely to get out of this lemon of a merger.
And let there be no doubt. With Delta, our fares will be rising.
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