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Notams

Northwest completes reorganization

Eagan, Minnesota-based Northwest Airlines emerged from bankruptcy protection May 18, marking the conclusion of a 20-month reorganization. "Today is a landmark day in the 81-year history of Northwest Airlines," said Doug Steenland, president and CEO. "We have successfully repositioned the company as a stronger, globally focused airline with a great route network, a revitalized fleet, a competitive cost structure, and a recapitalized balance sheet."

Another legacy carrier, Delta Air Lines, emerged from Chapter 11 bankruptcy protection a month earlier, following its own 19-month restructuring. Both carriers anticipate improved stability, which will make them more attractive to potential future employees.

Northwest is spending more than $6 billion to renew its fleet. The Airbus A330 replaced DC-10s on European and Asian routes, and in fall 2008 it will become the first North American carrier to operate the new Boeing 787. And 72 new dual-class regional jets are entering service, operated by Northwest subsidiaries Compass Airlines and Mesaba Airlines.

Steenland said Northwest will continue its partnerships with KLM Royal Dutch Airlines and the SkyTeam alliance, and domestic marketing agreements with Alaska Airlines, Continental, and Delta.

The airline's employees should receive $1.6 billion in profit sharing and unsecured claims payments through 2010, he noted.

U.S., China sign pact

A broad civil aviation agreement--cited as a milestone--is expected to more than double, to 23, the number of daily passenger flights between China and the United States by 2012.

Boeing optimistic

Boeing Co. has reaffirmed its optimistic growth outlook for 2007 and 2008. The company anticipates double-digit earnings increases and revenue associated with its new Boeing 787 airliner.

Crew groups merge

The Air Line Pilots Association, International (ALPA) and Capital Cargo Crewmembers Association (CCCA) merged on June 1.

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