NWA gets extension to file reorganization plan

[Paul]

Northwest Airlines Corp. was granted Tuesday six more months to create a plan to emerge from bankruptcy, according to media reports.

A New York bankruptcy court judge gave the Eagan, Minn.-based airline six more months to develop a reorganization plan. Judge Allan L. Gropper said he has "been impressed" by Northwest's constructive approach to its restructuring, according to Reuters.

Northwest (Pink Sheets: NWACQ) filed for Chapter 11 bankruptcy in September 2005.

Last week, Northwest filed a request for an extension on the plan that was originally due this Thursday. In last week's court filing, the airline said its bankruptcy case is "among the largest and most complex cases ever filed.

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[ThirdSeatHero]

Northwest Airlines Corp. was granted Tuesday six more months to create a plan to emerge from bankruptcy, according to media reports.

A New York bankruptcy court judge gave the Eagan, Minn.-based airline six more months to develop a reorganization plan. Judge Allan L. Gropper said he has "been impressed" by Northwest's constructive approach to its restructuring, according to Reuters.

Northwest (Pink Sheets: NWACQ) filed for Chapter 11 bankruptcy in September 2005.

Last week, Northwest filed a request for an extension on the plan that was originally due this Thursday. In last week's court filing, the airline said its bankruptcy case is "among the largest and most complex cases ever filed.

Article

You've got about another 2 3/4 years to go.......get used to it.


Of course that is if you make it through January