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By
Associated Press
.
Published: Thu, April 24, 2008 - 5:18 am
Last Updated: Thursday, April 24, 2008 - 5:22 am
Last Updated: Thursday, April 24, 2008 - 5:22 am
proposed merger between Delta and Northwest airlines.
House and Senate panels have the proposed agreement on their
radar.
Officials with the airlines have said the deal is needed to cope
with soaring jet fuel costs.
But some lawmakers have concerns about the effects of combining
the carriers. Creation of the world's largest airline will cost
jobs and could decrease competition and result in higher fares.
In addition to winning the support of labor, the public and
lawmakers, the merger must also clear an antitrust examination by
the government.
(Copyright 2008 by The Associated Press. All Rights Reserved.)
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