Which will be the world’s largest airline?

Delta Air Lines Inc. and Northwest Airlines Corp. reached agreement on a merger deal yesterday that, if approved by regulators, would create the world's largest airline. The combined airline will be headquartered in Atlanta, GA and will retain the Delta name. The merged carrier will have nearly $18 billion enterprise value, and will be run by Delta CEO Richard Anderson. Combined, the new company will serve more than 390 destinations in 67 countries, operating a fleet of nearly 800 aircraft and employ approximately 75,000 people worldwide.

According to Delta, customers will benefit from the combined carrier’s financial stability, as well as the opportunity to fly to more destinations, have more schedule options and more opportunities to earn and redeem frequent flyer miles.

The merger is subject to the approval of Delta and Northwest shareholders and antitrust regulatory approvals. It is expected that the regulatory review period will be completed later this year.

Hawaii Superferry to resume service

Hawaii Superferry has announced it will resume service between Oahu and Maui starting Monday, April 7. The interisland ferry has been out of service since February 13 for repairs and maintenance. It was scheduled to be in dry dock until April 22, but its return was urged after Aloha Airlines halting all passenger service due to bankruptcy.

Hawaii Superferry said it will be taking reservations for the Kahului, Maui service with special fares available through June 5.

Hawaii Superferry’s single ship, the “Alakai”, is capable of transporting up to 866 passengers and 282 subcompact cars. The 349-foot catamaran features floor-to-ceiling windows offering panoramic views, sofas and family seating, and flat-screen TVs and video games.

The company plans to double its fleet with a second identical ship, scheduled for completion in 2009.