Approved: Delta To Become The World’s Largest Airline.

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Update: The merger has closed, so contractually Continental can bolt from the Skyteam alliance as early as 07/29/09.

The DOJ has just approved the Delta-Northwest merger, which will create the world’s largest airline, leapfrogging United and AA.

What’s this mean for you?

-Northwest miles will be merged into Delta Skymiles accounts.

-Superfluous hubs such as Delta’s Cincinnati and Northwest’s Memphis will in all likelihood lose their hub status.

-Continental is now guaranteed the right to leave Skyteam.  Their entrance to Star Alliance will happen in late 2009.

-Elites on Delta and Northwest will now have reciprocal upgrade rights.

-If you want to use Continental miles for Skyteam travel or Skyteam miles for Continental travel, the time to do so is now.

-The Continental/Northwest reciprocal upgrade system will come to end very soon, perhaps by the end of 2008.

-Airfares will have less competitive pressure to come down.

-Skyteam mileage tickets, already the most difficult of all alliances, will get even harder with the loss of 2 airlines.

-Open battles between Delta and Northwest employees fighting for seniority.

-Glitches merging both of their subpar websites.

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