Two airline companies merged upon approval by the directors of Delta Air Lines and Northwest Airlines last April 14, 2008 Monday and this merge will result into the world’s largest airline.

According to Delta Airlines, the Atlanta-based combined airline will have $17.7 billion enterprise value.  Richard Anderson, CEO of Delta, will head the merger and therefore it will retain the Delta name.

Last year, both airlines emerged from bankruptcy protection.  Thus, the merger will provide employees great job security and stability as the cost of fuel became higher and increased competition.  Customers will also benefit from the merger with competitive fairs and more flight choices, according to officials.

The airline and its regional partners combined will offer flights to nearly 400 destinations in 67 countries.  Officials said that they expect $1 billion to generate in their annual revenue through more effective use of aircraft, a comprehensive and diversified route system, reduced overhead and improved operational efficiency.