Company Watch - Northwest Airlines.Mar 19, 2007 Judge delays decision on appointing Northwest investigator A federal 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 judge has postponed a decision on whether to appoint an investigator to look into possible merger activity at Northwest Airlines. Judge Allan Allan can refer to:
Northwest shareholders ask judge to deny extension A group of Northwest Airlines shareholders have asked a bankruptcy judge to deny the airline's request to extend its exclusivity period for developing a bankruptcy 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. . Northwest has asked the judge for an extension until June 29. Its exclusivity 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. on Friday. Mar 14, 2007 Northwest Airlines flew 5.64 billion RPMs in February, a 2.8% increase over the year-ago month. Capacity was up 3.9% to 7.06 billion ASMs and load factor dipped 0.9 point to 79.9%. Domestic RPMs rose 3.7% to 3.11 billion against a 3.6% gain in ASMs to 3.89 billion, leaving load factor level at 80%. International traffic grew 5.3% to 2.19 billion RPMs, capacity rose 8.5% to 2.67 billion ASMs and load factor slipped 2.5 points to 82.1%. Mar 12, 2007 Northwest's merger prospects need examination, trustee says The court overseeing Northwest Airlines' bankruptcy case should appoint an examiner to review the carrier's merger potential, a U.S. trustee said Wednesday. Northwest objected to the appointment of an examiner, which was requested by hedge funds hedge fund, in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long" that hold a large amount of its common stock. The airline said the funds are acting on "baseless" assumptions that Northwest planned to merge with Delta Air Lines. Mar 15, 2007 Editor: Aram Gesar, eMail: edit@AirGuideOnline.com For Air Transport & Travel Business Experts contact eMail: bizintel@AirGuideOnline.com For more global news, reviews, features and analysis, please subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com AirGuideFlightTracker is a new, free service that aims to keep travelers informed flight and airport status via the Web. For more go to http://www.airguideonline.com/airline_tracker.htm Copyright [c] 2007 Air Travel Media / Pyramid pyramid, structure pyramid. The true pyramid exists only in Egypt, though the term has also been applied to similar structures in other countries. Egyptian pyramids are square in plan and their triangular sides, which directly face the points of the Media Group. All rights reserved. Mar 12, 2007 |
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