Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
Northwest To Sell Northwest Airlink  
User currently offlineRamper@iah From United States of America, joined Dec 2001, 240 posts, RR: 1
Posted (14 years 3 months 1 week 4 hours ago) and read 1227 times:

Northwest Announces Filing of Registration Statement for the Initial Public Offering of its Wholly Owned Subsidiary, Pinnacle Airlines Corp.
NEW YORK, Feb. 25 /PRNewswire-FirstCall/ --

Northwest Airlines Corporation (Nasdaq: NWAC - news) announced today that a registration statement has been filed with the SEC relating to the initial public offering of its regional airline subsidiary, Express Airlines I, Inc., which will be renamed Pinnacle Airlines Corp. All of the shares are being offered by an indirect wholly owned subsidiary of Northwest Airlines Corporation.

Express I, dba Northwest Airlink, provides Northwest with regional airline capacity at its domestic hub airports in Detroit, Minneapolis/St. Paul and Memphis and offers scheduled passenger service operating 34 Bombardier Canadair Regional Jets or CRJs and 24 Saab 340 turboprops with approximately 286 daily departures to 60 cities in 24 states. Northwest has agreed to increase Pinnacle's fleet to 83 CRJs by April 30, 2004.

Wow, First American Airlines announced it would sell part of American Eagle, then Continental announced it would sell Continental Express, now Northwest announces part of Airlink will be sold. Who will be next? I place my bet on Comair or Atlantic Southeast.

2 replies: All unread, jump to last
User currently offlineAzjubilee From United States of America, joined Apr 2000, 4365 posts, RR: 26
Reply 1, posted (14 years 3 months 1 week 3 hours ago) and read 1192 times:

First of all, Northwest is not selling Northwest Airlink. Northwest Airlink is a BRAND NAME, like Delta Connection and United Express. Mesaba Airlines and Express Airlines I operate as Northwest Airlink.

With this hopefully clear, Northwest is selling their wholly owned subsidiary, Express Airlines I. This was announced last year sometime when Richard Anderson said that he sees no need for a major airline to own their regional affiliates. So, we knew this was coming, it was a matter of when.


User currently offlineBaec777 From United States of America, joined Oct 1999, 1231 posts, RR: 1
Reply 2, posted (14 years 3 months 1 week 3 hours ago) and read 1170 times:

Comair & ASA are both Delta's Connections...


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...
BA In Talks To Sell LHR Concorde To Dubai posted Wed Apr 8 2009 05:00:58 by Babybus
BAA Ordered To Sell LGW, STN Plus EDI Or GLA posted Thu Mar 19 2009 03:04:16 by Gawzu
Combined DL Sky Magazine To Sell On News Stands posted Thu Feb 19 2009 22:10:35 by Burnsie28
BA To Sell All 757s During Winter 2009 posted Fri Feb 6 2009 16:01:30 by Concorde001
Rumor: LH To Sell Some A306s To DHL? posted Mon Dec 22 2008 01:58:40 by Columba
SAS To Sell Parts Of Spanair To Investor posted Thu Dec 18 2008 07:45:16 by Beaucaire
BAA Ordered To Sell EDI, STN And LGW posted Wed Dec 17 2008 04:19:22 by Nighthawk
Airline To Sell-off Its Art Gems posted Fri Nov 28 2008 06:42:10 by Oa260
Majority Shareholder Of Air Canada To Sell? Buy? posted Tue Nov 11 2008 13:47:11 by Bakersdozen
Pluna Trying To Sell 3 B737-200 posted Tue Oct 7 2008 23:51:15 by Bennett123