Northwest emerges; no US legacy carriers in bankruptcy for first time since 2002

Northwest Airlines' new NWA common stock began trading yesterday on the New York Stock Exchange at $25.10 per share, marking the carrier's emergence from a 20-month bankruptcy restructuring process and ending a period dating back to December 2002 during which at least one US legacy airline was...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.