Media reports are starting to emerge that Delta and Northwest may consider a merger to help them become the US’ largest airline. Some analysts note that because of the small amount of route overlap. a merger could make sense. Don’t believe a word of these stories. The fleet integration alone (the airlines only share one aircraft in common) would be a massive undertaking. Both Delta and Northwest will shrink themselves out of bankruptcy—we haven’t begun to see the beginning of service cuts. There’s no way they’ll be able to manage a merger.