Delta’s CEO says he’ll give up some goodies.
The chief executive of Delta Air Lines Inc. has offered to give up certain financial benefits he would be entitled to if the nation’s No. 3 carrier combines with another airline.
Delta is reviewing its options, including a potential deal with another airline. It has been discussing a combination with officials from Northwest Airlines Corp. and United Airlines. Of late, a deal with Eagan, Minn.-based Northwest has appeared more likely than a deal with United, a unit of Chicago-based UAL Corp.
Perhaps I’m more skeptical than I should be, but I suspect a merger would just mean Delta would suck even more than it has of late.