Airline Financial moderns 04-07-2003 Northwest.


Airline Financial moderns

04-07-2003

Northwest, Delta, Continental Widen Bankruptcy Gap

ISSN: 10405410
Publication Date: 04-07-2003
Page: 1
Type: Periodical
Language: English

Northwest Airlines (NWAC), Delta Air Lines (DAL) and Continental Airlines (CAL) have a beneficial chance of avoiding a Chapter 11 filing, in that order, now that American Airlines (AMR) has reached a tentative labor pact to save $18 billion a year, according to Brian Harris of Salomon Smith Barney. He notes, however, that "important lingering issues" remain for American, including getting concessions from suppliers,



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