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Merger Could Be Close for Delta, Northwest

Stock quotes in this article: DAL , NWA , AMR , LCC , UAUA , CAL  

CHARLOTTE, N.C. -- The airline industry could be poised for a historic week.

None of the five-biggest airlines have attempted a merger since 2000, but now, Delta(DAL Quote) and Northwest(NWA Quote), the third- and fifth-largest carriers, appear little more than a handshake away from becoming unified.

The major stumbling block was removed over the weekend when pilot leaders from the two sides agreed on a method to consolidate their locals, the Detroit News reported. Other organizations have reported that a pact hasn't yet been reached. ...

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