Resistance to US Airways-Delta merger grows stronger

A recent

Wall Street Journal

(paid subscription required)

report

suggests that Delta's creditors have grown skeptical of US Airways' hostile takeover bid.

Meanwhile, Jay Boehmer over at the Business Travel News website

writes

that corporate travel buyers are afraid the merger would result in higher ticket prices.

They're not alone in their dislike of the proposed deal. Delta executives

hate

the idea, as does its pilots union and many industry observers, myself included.

So if everyone's against it, why is it still a possibility? US Airways has given Delta 10.1 billion reasons to say yes. That's the price tag of its current (and, the airline says, final) offer.

US Airways has attached an early February deadline to the offer as well. Until then, we'll all have to hold our breath and see how it turns out.

Me, I'm pulling for Delta to stay independent.