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NORTHWEST WINS ANTI-TRUST TRIAL DELAY
USA, Northwest Airlines has been given another week by a federal judge to work out a negotiated settlement in the government's anti-trust trial against America's fourth largest carrier and Continental Airlines. Northwest bought a 14 per cent stake in Continental for USD$430m from a Texas financier. But in effect the stake gave Northwest a controlling 51 per cent of Continental's voting rights. The...
AVIONEWS - World Aeronautical Press Agency