Wednesday, November 15, 2006

We love to fly and it shows


In what I can say is the strangest bit of airline news in a while; US Airways has made a shock bid to buy my beloved Delta Airlines. According to this post from Ben Mutzabaugh over at USA Today, the offer was a total surprise to Delta, and it's actually a good offer - like 25% over the current trading price of Delta's unsecured credit claims - or something like that. I have no idea what they're talking about in the financial part of this - all I wonder is what happens to my frequent flyer miles? Good news - they want to fly under the name Delta - so I don't need to get new luggage tags or replace my "I (Heart) Delta) t-shirt that I wear all the time.

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