Northwest is coming out of bankruptcy

Yippee! Northwest is emerging from bankruptcy after 20 grueling months of reorganizing. They’ve shed $2.5 billion in annual costs… including $1 billion in labor concessions (I wouldn’t be too pleased if I worked for them).

Mostly though, their new look is a good one. Northwest is well positioned to grow their domestic hubs in Detroit, Memphis and Minneapolis/ St. Paul and they have a hub in Tokyo. Northwest is known in the industry as a very aggressive competitor especially when it comes to protecting their hubs. Flint and Lansing know what I’m talking about here.

NWA flies nonstop from CAK to Detroit four times daily and we’d be very delighted if they’d add Memphis too. Can you blame a girl for dreaming big?

The carrier is forecasting a nearly ¾ billion dollar profit in 2007, not to shabby when you consider record fuel prices and fierce competition. I never buy airline stocks (not good for my blood pressure) but if I did, I’d probably pick up some NWA once it gets listed.

Comments

Happy New Years to my neighbors out at Akron/Canton. Continue the tremendous work you do at your airport. Most airports are jealous of how well you have grown in just a 10 year span, and will continue growing in the future. I have flown it 10+ times in the last couple years, and will continue using it.

Right now my coalition of Airport Supporters are trying to help out the struggling Youngstown-Warren Regional Airport. They have done a successful job with flights to Orlando aboard Allegiant Air (ALGT-Nasdaq), but they have not done much since then.

YNG needs to look at how well CAK has done over the years and perhaps take some tips from you guys. You run a very successful operation and should be commended for IT! You earn my award for the best airport in Ohio and the best operation of any government funded operation in the region.

GOOD LUCK IN 2007!

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