Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
Northwest Sues MAC To Void A $130 Million Debt  
User currently offlineKarlB737 From United States of America, joined Mar 2004, 3286 posts, RR: 10
Posted (10 years 2 months 4 days 16 hours ago) and read 2547 times:

Courtesy: Minneapolis Star-Tribune

Northwest Sues MAC To Void A $130 Million Debt


Courtesy: KSTP-TV


1 replies: All unread, jump to last
User currently offlineAirwave From United States of America, joined Mar 2006, 1117 posts, RR: 2
Reply 1, posted (10 years 2 months 4 days 15 hours ago) and read 2456 times:

Star Tribune:
Standard & Poor's credit analyst Kurt Forsgren wrote Feb. 27 that "current and future attempts by airlines to retroactively identify certain lease payments as 'disguised financings' as opposed to a 'true lease' could limit special facility financings of airline-related infrastructure for many years."

This is an interesting suit. But will it move through the system fast enough to be of any use to NW (should they win, that is)? Or is this more along the lines of a stall tactic; that, regardless of whether they eventually win or lose, in the meantine, NW wouldn't have to pay on it or really deal with it.

I'm not sure at all of any of the finer points of this, but I am quite curious...

Airwave  eyebrow 

When you do things right, people won't be sure you've done anything at all.
Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
DL Seeks To Void 93 Million Employee Stock Options posted Tue Mar 21 2006 21:42:34 by KarlB737
Northwest To Spend $107 Million In Strike Preps posted Sat Aug 6 2005 16:29:54 by KarlB737
Northwest Loss Balloons To $1.2 Billion posted Tue Oct 31 2006 23:25:40 by KarlB737
YUL On It's Way To Hit 11 Million Pax This Year! posted Fri Oct 27 2006 00:48:30 by Thenoflyzone
Northwest Adds GRR To LGA posted Thu Sep 7 2006 17:41:43 by KarlB737
Judge OK's Comair To Void Union Contracts With FAs posted Fri Jul 21 2006 19:43:09 by DAYflyer
Report: Kingfisher Seeks To Borrow $80 Million posted Wed Jul 5 2006 15:56:14 by AerospaceFan
Northwest Reduces Flights To Save Expenses posted Tue Jul 4 2006 21:09:59 by KarlB737
Judge Allows NW To Void FA Contract posted Fri Jun 30 2006 05:27:09 by FutureFO
Northwest CEO Hopes To Warm Relations With Labor posted Wed Jun 21 2006 20:41:03 by KarlB737