02-Jul-2010 5:09 PM
Delta contributes to US regional consolidation - selling Mesaba and Compass
Analysis
As part of efforts to focus on its core mainline business, Delta is continuing the process of unbundling its regional operations, selling Mesaba and Compass - both acquired with Northwest - to Pinnacle Airlines Corp and Trans States Airlines, respectively, for USD82 million. The proceeds from these transactions will be used by Delta for general corporate purposes.
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