DAL - NWA DEAL

Bloomberg reports that a tentative deal has been reached between DAL and NWA. The main feature of the deal will allow NWA pilots to remain on a separate contract until such time as they can negotiate a seniority agreement. The big move up after the market close was the result of the news getting out that a tentative deal has been made. NWA jumped 13% and DAL was up around 10%.