Fri, Oct 21, 2005
But Bankruptcy Judge Says Airline Has To Give Five Days'
The New York federal judge overseeing Northwest Airlines'
bankruptcy said this week the troubled carrier can indeed start
returning its leased aircraft to their owners.
That means NWA can begin shedding some of its expensive planes,
even as its striking mechanics vote on a contract that would end
the job action now in its third month.
Northwest will have to give its aircraft leaseholders five days'
notice before returning the aircraft. Leasing companies generally
want at least ten days' notice before they'll accept a returned
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