Northwest buys Mesaba

Northwest Airlines
Corporation has announced that Mesaba Airlines, which
just emerged from Chapter 11 bankruptcy protection, has been acquired
by Northwest Airlines.Mesaba, which becomes a wholly-owned
subsidiary, operates a fleet of 50 regional aircraft under the
Northwest Airlink banner.

  “Mesaba Airlines has served our customers for more than 22 years
and today, Northwest is pleased to strengthen this long-standing
relationship,” said Doug Steenland, president and chief executive
officer, Northwest Airlines. “The acquisition of Mesaba by Northwest
ensures that our passengers will continue to enjoy conveniently-timed
flights that connect to the Northwest global network through our three
domestic hubs at Detroit, Minneapolis/St. Paul and Memphis.”

  “We are pleased to have completed the restructuring process and to
become a member of the Northwest Airlines’ family,” said John
Spanjers, president and chief operating officer, Mesaba Airlines. “A
great deal of thanks goes to the employees of Mesaba who remained
committed and worked extremely hard during the restructuring process
to position Mesaba for long-term success. The support of Northwest
Airlines will further enable us to accomplish this goal.”

  Mesaba filed for Chapter 11 bankruptcy protection on October 13,
2005. Northwest acquired Mesaba after that airline was successfully
restructured under the guidance of the U.S. Bankruptcy Court for the
District of Minnesota and Mesaba’s Official Committee of Unsecured
Creditors (OCUC).
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