Northwest Airlines Common Stock to Cease Trading on NASDAQ
17 September 2005 - 9:22AM
PR Newswire (US)
EAGAN, Minn., Sept. 16 /PRNewswire-FirstCall/ -- Northwest Airlines
Corporation (NASDAQ:NWAC) announced today that its common stock
would cease trading on the NASDAQ stock market, effective with the
opening of business on Sept. 26, 2005. Northwest received written
notification on Sept. 15, 2005, from NASDAQ that its common stock
will be delisted in accordance with Marketplace Rules 4300, 4450(f)
and IM-4300. Because of the exchange notification, the fifth
character "Q" will be added to the company's trading symbol, which
will change from NWAC to NWACQ at the opening of business on Sept.
19, 2005. Once delisted, shares could still be traded in the
"over-the-counter" market. Northwest Airlines urges that
appropriate caution be exercised with respect to existing and
future investments in its common stock. It is entirely possible
that ultimately no value will be ascribed to the company's existing
common stock or other equity securities. Investors and other
interested parties can monitor the progress of the airline's
reorganization on the Internet at
http://www.nwa-restructuring.com/. In addition, the investor
relations section of the company's Web site can be accessed at
http://www.nwa.com/. Northwest Airlines is the world's fourth
largest airline with hubs at Detroit, Minneapolis/St. Paul,
Memphis, Tokyo and Amsterdam, and approximately 1,400 daily
departures. Northwest is a member of SkyTeam, an airline alliance
that offers customers one of the world's most extensive global
networks. Northwest and its travel partners serve more than 900
cities in excess of 160 countries on six continents. For more
information pertaining to Northwest, media inquiries can be
directed to Northwest Media Relations at (612) 726-2331 or to
Northwest's Web site at http://www.nwa.com/. DATASOURCE: Northwest
Airlines CONTACT: Northwest Media Relations, +1-612-726-2331 Web
site: http://www.nwa.com/ http://www.nwa-restructuring.com/
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