It has been 10 years since the U.S. government approved the merger of Delta Air Lines and Northwest Airlines, creating a carrier that today is the most profitable in the world.
To celebrate Monday's anniversary, Delta threw parties at its headquarters in Atlanta and in the Twin Cities, the hometown of the now bygone Northwest.
Hundreds of local employees gathered in a hangar at Minneapolis-St. Paul International Airport for the celebration and were connected to their colleagues in Georgia via a big-screen, live broadcast.
"Today is about the clear recognition that both airlines brought something special into the merger," said Bill Lentsch, who ran the MSP hub for Northwest a decade ago and is now executive vice president of flying operations for Delta.
Touting the success of the marriage, Delta noted in 2008, before acquiring Northwest, it lost $503 million in adjusted pretax profit. Last year, the airline reported a $5.3 billion adjusted pretax profit.
"I think it's been, without question, the most successful airline merger in history," Delta Chief Executive Ed Bastian said during a summer interview in Minneapolis. "We've been able to pull them together and unify to a point that … with our crews and staff, you can't distinguish between who was Northwest and who was Delta."
At Monday's event, Bastian recalled the global economy was rapidly decelerating as the merger closed and that the combined company suddenly had to contend with weaker demand.
"Ten years ago, we closed on our most audacious undertaking," Bastian said at the party in Atlanta, seen on the screen at MSP. "We also did it at the very bottom of the worst economic downturn in our lifetime."