Customers will benefit from a more complete route network. The combination will also improve worldwide connections to small communities across the U.S.

This merger is driven by an expanded route network, better fleet utilization and operational efficiencies. There are very few markets where the two carriers currently overlap.

The new carrier will continue to compete in an aggressively competitive pricing marketplace, both domestically and internationally.

Until the merger closes, it will be business as usual at both airlines, with no changes in operations or service. Once the merger is completed, any operational changes will be clearly communicated to all customers.

No, you can keep your Northwest reservation. There will be no need to rebook confirmed travel.

Delta and Northwest customers already enjoy reciprocal lounge access across our worldwide networks through the SkyTeam alliance.

During the regulatory review period, it is business as usual - with no changes to the WorldPerks program. After the merger closes, customers will be able to fly to more destinations, have more flight scheduling choices and have greater ability to earn and redeem their WorldPerks miles around the world.

No. This transaction will have no impact on WorldPerks miles or elite status.

Yes.

Yes. The combined company will maintain its agreements with valued corporate partners of both airlines.

All existing sales agreements will continue to be honored according to their terms and conditions.

Delta and Northwest have agreed to combine in an all-stock transaction, creating a premier global airline with a more complete route network.

Under the terms of the transaction, Northwest shareholders will receive 1.25 Delta shares for each Northwest share they own.

The combined airline will be called Delta Air Lines.

The combined airline will have its world headquarters in Atlanta.

Delta will have domestic executive offices in Atlanta, New York and Minneapolis/St. Paul. International executive offices will be in Tokyo, Amsterdam, London and Paris.

No hubs will be closed.

Delta intends to retain significant airline jobs, operations and facilities in Minnesota.

No.

Delta CEO Richard Anderson will become chief executive officer of the combined company and serve on the Board of Directors. Northwest CEO Doug Steenland will also serve on the Board of Directors. The Board of Directors will be made up of 7 directors from Delta, 5 from Northwest, and one director from the Air Line Pilots Association (ALPA). Roy Bostock, NWA's current Board Chairman, will be Vice Chairman of the combined airline.

Combining the two carriers makes strategic sense for both carriers. Delta-Northwest is a merger by addition. The combination of two route systems, with virtually no overlap, results in a more complete network - thereby offering more choices for customers and more stable service for the communities we serve.

The strengthened combined carrier also creates long-term stability and growth opportunities for our employees.

The merger is subject to the approval of both Delta's and Northwest's shareholders as well as regulatory approvals.

Regulatory approval is expected to take 6-8 months and be completed by year-end.

During the regulatory review process, Northwest and Delta will continue to conduct operations, planning and strategic functions as independent, competitive carriers.

After regulatory approval is granted, the transaction closes and the two airlines begin the process of integrating operations and employee groups.

Immediately following closing, Delta and Northwest will each continue to operate under their separate operating certificates. While the two fleets will then be scheduled in a coordinated manner, and pricing and marketing will also be coordinated, from a legal and corporate standpoint the individual Companies will each continue to exist until a single operating certificate is in place.

Each Company will also continue to operate its own maintenance program, utilizing its own mechanics and related personnel, until the operating certificates are merged.

Delta and Northwest will not begin integrating until after the transaction closes. During the regulatory review process, a transition committee that will include Delta CEO Richard Anderson and Northwest CEO Doug Steenland, along with leaders from both companies, will begin integration planning.