John Spanjers
John Spanjers
actions affecting along bankruptcy change continuing difficult distress entire filing industry necessary requires since
This was a difficult but necessary step. Northwest's actions since filing bankruptcy along with the continuing distress affecting the entire industry requires us to change and to do so quickly.
allow bankruptcy change last necessary rapidly resort view
We view bankruptcy as a last resort but a necessary one because no other alternatives would allow us to change as rapidly as we need to.
deal forward good pilots reflects relationship success
We look forward to a good working relationship with our pilots and ALPA. This deal reflects the professionalism and contributions of our pilots and how important they are to the success of our airline.
action affords avoid believe best case chapter continue dedicated emerge employees finances firmly flying focus hard including lean major northwest operating opportunity plan regional reliable successful valuable worked
We worked hard to avoid Chapter 11, but we firmly believe this action affords us the best opportunity to restructure our finances and to be successful over the long run. We have valuable assets, including our dedicated employees who continue to focus on operating a safe, reliable airline. We plan to emerge from this Chapter 11 case as a lean and competitive regional carrier flying for Northwest or other major airlines.