Thank you for sharing!

Your article was successfully shared with the contacts you provided.

A New York bankruptcy judge Tuesday allowed Northwest Airlines Corp. to freeze its pilot pension plan and approved the carrier’s request to lower lease and loan payments for certain aircraft.

The carrier, which filed for bankruptcy protection in September, and its pilots union, the Air Line Pilots Association (ALPA), agreed to the freeze of the defined benefit plan. The creditors committee also came out in support of the freeze, effective on Feb. 1, in court.

Want to continue reading?
Become a Free ALM Digital Reader.

Benefits of a Digital Membership:

  • Free access to 1 article* every 30 days
  • Access to the entire ALM network of websites
  • Unlimited access to the ALM suite of newsletters
  • Build custom alerts on any search topic of your choosing
  • Search by a wide range of topics

*May exclude premium content
Already have an account?

Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.


ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.