CEOs defend plan for merger
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From Times Staff and Wire Reports
Merging Delta Air Lines Inc. and Northwest Airlines Corp. would probably result in fewer than 1,000 job cuts and more domestic service while not blunting U.S. competition, the chief executives of both carriers told Congress.
Richard Anderson of Delta and Douglas Steenland of Northwest also said in hearings of antitrust committees in the Senate and the House that the combination would enable the two to better compete with foreign airlines and counter skyrocketing fuel prices.
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