Delta CEO Anderson to become airline top dog

NEW YORK (Reuters) - Richard Anderson, the son of a railroad worker from Galveston, Texas, looks set to become the most powerful executive in the global airline industry.

Almost eight months after taking over as chief executive of Delta Air Lines Inc, Anderson, 52, has engineered Delta's industry-changing acquisition of Northwest Airlines Corp, his former employer.

The deal, announced on Monday, will make the combined airline the largest carrier in the world, surpassing AMR Corp's American Airlines. It also promises to spur follow-on deals as rivals like United Airlines and Continental Airlines fear being left behind.

Completing the integration of the two airlines will pose enormous challenges, including navigating through the antitrust process and winning support from employees with hubs including Delta's Cincinnati and Northwest's Memphis operations potentially facing the ax.

"It'll be a lot of work, but I do believe he's up to the task," said airline expert Terry Trippler of TripplerTravel.com, who has known Anderson since he was with Northwest. "He gets things done."

A union leader said Anderson has shown he can work with employees to find solutions.

"Make no mistake, he's a shrewd lawyer and a cunning strategist," said Danny Campbell, who was president of Northwest's flight attendants' union at the time Anderson was named CEO. "But if he's dealing with people that are willing to problem solve, he's actually very productive."

Delta will acquire Northwest in an all-stock deal in which Northwest shareholders will receive 1.25 Delta shares for each Northwest share they own.

Northwest shareholders will get $13.10 per share in Delta stock based on Monday's closing price of $11.22 a share, representing a 17 percent premium to NWA's close.