Company Watch - Northwest Airlines.For more company news, data and analysis, please go to: http://www.airguideonline.com/professional.htm Jun 26, 2006 Northwest Airlines asked the US Bankruptcy Court bankruptcy court n. the specialized Federal court in which bankruptcy matters under the Federal Bankruptcy Act are conducted. There are several bankruptcy courts in each state, and each one's territory covers several counties. for an extension of its period to exclusively file its reorganization plan A scheme authorized by federal law and promulgated by the president whereby he or she alters the structure of federal agencies to promote government efficiency and economy through a transfer, consolidation, coordination, authorization, or abolition of functions. to Jan. 15, 2007. The current period is set to expire expire /ex·pire/ (ek-spi´er) 1. to exhale. 2. to die. ex·pire v. 1. To breathe one's last breath; die. 2. To exhale. July 13. Jun 22, 2006 Northwest Paid Firm Before. Five months before Northwest Airlines Corp. filed for Chapter 11 protection, it paid its lead bankruptcy bankruptcy, in law, settlement of the liabilities of a person or organization wholly or partially unable to meet financial obligations. The purposes are to distribute, through a court-appointed receiver, the bankrupt's assets equitably among creditors and, in most law firm almost $1 million for bankruptcy expenses, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a court filing by the airline. Jun 20, 2006 Northwest requests bankruptcy extension. Northwest Airlines Corp. has asked for an additional three months to complete a reorganization plan as it settles pay cuts with its flight attendants. Jun 20, 2006 Northwest drops row-by-row boarding. Northwest Airlines has done away with its board-by-rows policy, saying that it's faster to let passengers board when they want to. The Eagan, Minn.-based airline, the sixth busiest in Hawaii, rolled out the new policy in recent weeks across most of its territory. Under the new system, all coach passengers can board at once, after first-class, business-class, elite flyers and special-needs passengers have been seated. Jun 19, 2006 |
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