Northwest Airlines is seeking to lower its annual fleet ownership costs by $400 million as part of its Chapter 11 bankruptcy restructuring. Senior VP-Finance Dave Davis told reporters in a ...

The company reports it reached all its bankruptcy goals, including cutting annual operating costs by $2.4 billion. NEW YORK — After 20 months of a wrenching reorganization, Northwest Airlines ...

Northwest Airlines Corp. <NWACQ.PK> filed a plan to exit bankruptcy as an independent company on Friday, aiming to give fresh stock to some creditors and raise capital from investors, including ...