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Northwest sees friendlier skies; Detroit called key to strategy.(News)(Northwest Airlines Corp.)
Crain's Detroit Business, January, 2003
Byline: Michael Strong Northwest Airlines Corp. thinks it will survive the tough operating environment that forced United Airlines parent UAL Corp. to file for Chapter 11 bankruptcy protection, and its Detroit hub is critical to that survival. ``We believe we're in a great position to succeed,'' Jim Greenwald, Northwest vice president-facilities and airport affairs, said last month during the opening of the Westin Hotel in the midfield terminal at Detroit Metropolitan Airport.
A strong balance sheet, better jets and new terminals are some of the reasons, but the struggles of others also will help. ``With fewer airlines, they fully expect to improve their position,'' said Ray Neidl, an analyst with Blaylock & Partners L.P., an investment and securities...
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