Industry expert says Northwest Airlines cost structure is not competitive.

0 Comments | M2 Presswire, January, 2006

M2 PRESSWIRE-18 January 2006-NORTHWEST AIRLINES: Industry expert says Northwest Airlines cost structure is not competitive(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:17012006 NEW YORK - The managing director of LECG, LLC and head of the firms transportation practice, Daniel M. Kasper, said that the economics of the U.S.

airline industry have changed dramatically, and Northwest Airlines (OTC:NWACQ.PK) must address the new economic realities or face an uncertain future. Kaspers remarks were prepared for presentation at a hearing in U.S. Bankruptcy Court for the Southern District of New York today regarding Northwests motions, filed under Sections 1113(c) and 1114 of the Bankruptcy Code, asking the court to reject the companys collective bargaining agreements...