Airline Corporation Northwest

Since flying its first mail flight on October 1, 1926, Northwest Airways, now known as Northwest Airlines, has grown to become one of the world's leading airlines. Northwest's legacy of leadership in the aviation industry began with its foundation in the Twin Cities and extended to its pioneering work as part of the U.S. war effort in Alaska, the establishment of the first U.S. commercial air links to Japan and the Orient, and its groundbreaking 1992 alliance and award of anti-trust immunity with KLM/Royal Dutch Airlines. Northwest is now America's oldest air carrier with continuous name identification. In celebration of the airline's 80th anniversary in 2006, this book chronicles the remarkable years during which Northwest became an institutional backbone of both American and worldwide air transport history.

In 1982 Johns-Manville, a major asbestos manufacturer, declares itself insolvent to avoid paying claims resulting from exposure to its products. A year later, Continental Airlines, one of the top ten carriers in the United States, claims a deficit when the union resists plans to cut labor costs. Later still, oil powerhouse Texaco cries broke rather than pay damages resulting from a courtroom defeat by archrival Pennzoil. Bankruptcy, once a term that sent shudders up a manager's spine, is now becoming a potent weapon in the corporate arsenal. In his timely and challenging study, Kevin Delaney explores this profound change in our legal landscape, where corporations with billions of dollars in assets use bankruptcy to achieve specific political and organizational objectives. As a consequence, bankruptcy court is rapidly becoming an arena in which crucial social issues are resolved: How and when will people dying of asbestos poisoning be compensated? Can companies unilaterally break legally negotiated labor contracts? What are the ethical and legal rules of the corporate takeover game? In probing the Chapter 11 bankruptcies of Johns-Manville, Frank Lorenzo's Continental Airlines, and Texaco, Delaney shows that more and more, an array of powerful actors--corporations, commercial creditors, auditors, bond rating agencies and investment bankers--are coming to view bankruptcy as a legitimate business strategy. In each situation, the choice of bankruptcy by these corporate giants was directly influenced by the surrounding business community. In the case of Johns-Manville, carrying appropriate insurance did not prevent its twenty insurance companies from refusing to pay claims. Thanks to shrewdplanning and cooperation from Continental's creditors, not only was the airline able to continue flying in the first week of Chapter 11, but it could also offer the lowest cross-country fare in the market.

Northwest Territories Power Corporation - The Northwest Territories Power Corporation (NTPC) was established about 1989 to acquire and operate the former Northern Canada Power Commission (NCPC) assets within the Northwest Territories, which at that time also included Nunavut.

British Overseas Airways Corporation - The British Overseas Airways Corporation (BOAC) was the exclusive British state airline from 1939 until 1946 and the long-haul British state airline from 1946. The company started life with a merger between Imperial Airways and British Airways Ltd.

China Northwest Airlines - China Northwest Airlines is an airline based in the People's Republic of China. The airline, along with China Yunnan Airlines merged with China Eastern Airlines.

Northwest Airlink - Northwest Airlink is the trade name of Northwest Airlines' commuter airline service, which flies turboprop and regional jet aircraft from Northwest's domestic hubs in Minneapolis, Detroit, and Memphis. Service is primarily to small-to-medium sized cities and towns where larger aircraft might not be economical to operate and also to larger markets to provide supplemental 'extra seats'.

airlinecorporationnorthwest

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Airline Market Share - Airline Market Share Leisure Travel: A Marketing Handbook by Stanley C. Plog, A marketing book for travel professionals, "Leisure Travel" focuses primarily on the psychology of travel--why people travel airline market share and why they don't, airline market share and how to reach airline market share and motivate them more effectively. This book emphasizes that to get a greater market share, the travel professional must understand the motivations, thoughts, airline market share and lifestyles of their important market segments; ...

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