Sunday, November 26, 2006

SWA will buy Delta's Assets



Low-cost carrier Southwest Airlines has told Delta Air Lines and US Airways Group it would buy any assets they sell if they merged, according to a report on Monday.

Southwest Chief Executive Gary Kelly said if the bid were to proceed, US Airways and Delta would have to sell some assets to address antitrust concerns, according to the report.

Southwest wants to buy any aircraft and airport gates put up for sale, especially on the U.S. East Coast, and it has told Delta and US Airways of its interest, the report said.

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