Thursday, May 31, 2007

Northwest exits chapter 11

Northwest exits bankruptcy protection (AP)

Northwest Airlines jets sitting on a tarmac. Northwest Airlines said Friday it had won court approval for its reorganization plan to allow the carrier to emerge from bankruptcy 31 May 2007.(AFP/File/Karen Bleier)AP - Northwest Airlines Corp. is emerging from Chapter 11 a little smaller, a lot more efficient, and with some of the lowest costs among the major carriers.


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