Northwest Airlines will pay $23 million to JPMorgan Chase and other lenders as a resolution to a dispute over a $975 million loan, Reuters reported. The lenders had sought $55-$60 million but agreed to the settlement to avoid litigation.
Subscribe to Access this Entire Article
"Other News - 10/22/2006" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.