Delta and Northwest Merge

ATLANTA, Georgia and EAGAN, Minnesota (KHNL) -- Delta Air Lines Inc. and Northwest Airlines Corp. had approved a deal Monday for the companies to merge.

The two carriers will combine in an all-stock transaction to create a new airline, which will be called Delta.

Airline officials say the merge will provide employees with greater job security, an equity stake in the combined airline and a more stable platform for future growth in the face of economic pressures from rising fuel costs and intense competition.

The combined carrier serves nine non-stop destinations from Hawaii including seven on the mainland and two in Japan.

Delta and Northwest airlines carried more than 2 million passengers traveling to and from Hawaii.

Combined, the company and its regional partners will provide access to more than 390 destinations in 67 countries.