Delta Surpasses Synergy Goals with Merger, Focusing on Premium Traffic

Delta Air Lines reached its mark of realizing $500 million in synergy benefits from its merger with Northwest in September and expects to exceed USD700 million by year end, according to CFO Hank Halter, who spoke before Morgan Stanley Transportation Corporate Access Day yesterday. Halter also outlined the carrier's strategy for the assembled analysts who also heard JP Morgan upgrade the airline sector saying it is "unlikely there will be a better entry point."