Business Services Industry

Metropolitan Airports Commission Response to Northwest Airlines' Bankruptcy Filing

Business Wire, Sept 14, 2005

MINNEAPOLIS & ST. PAUL, Minn. -- Metropolitan Airports Commission Chairwoman Vicki Tigwell today provided the following statement regarding Northwest Airlines' Chapter 11 bankruptcy filing:

"On behalf of the Metropolitan Airports Commission, I wish Northwest Airlines and its employees the very best as the air carrier moves through the Chapter 11 bankruptcy process.

"Northwest Airlines remains an important business partner at Minneapolis-St. Paul International Airport and a vital force in Minnesota's economy. As difficult as a bankruptcy filing is for any company, I am confident Northwest Airlines will develop a financial plan that enables the carrier to emerge a strong company poised for future growth and success.

"During this process, the Metropolitan Airports Commission will make every effort to safeguard the public's investment in Minneapolis-St. Paul International Airport. We will work closely with Northwest and other airlines as well as with the bankruptcy court to ensure the public's interests in MSP are well served. My hope is that the bankruptcy filing will have little long-term impact on the Metropolitan Airports Commission or on access to plentiful, safe, cost-competitive air service at Minneapolis-St. Paul International Airport.

"My expectation is that Northwest Airlines will work as swiftly as possible to develop a plan to emerge from bankruptcy and that hub service at MSP will remain an integral part of the airline's business plan for decades to come."

COPYRIGHT 2005 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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