Short Article
Northwest Airlines says American Express owes it money
AIRLINE INDUSTRY INFORMATION-(C)1997-2005 M2 COMMUNICATIONS LTD
Northwest Airlines (Pink Sheets: NWACQ) has said that American Expres (NYSE: AXP) owes the company USD63.4m.
The airline has asked a bankruptcy court umpire to force the company to pay without the money that represents ticket purchases by the agency of cardholders. Northwest said that American Expres is holding back part of the coin due to the airline and that the stocks are very important to its reorganisation.
According to The Business Journal, the airline has desireed a temporary restraining order against American Express
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