Northwest Buys Eastern Slots: Northwest Airlines was...
From Times Staff and Wire Reports
Northwest Buys Eastern Slots: Northwest Airlines was the big winner when a federal bankruptcy judge carved up the leftovers from an auction of gates and landing slots once operated by defunct Eastern Airlines. Northwest got 67 slots and five gates at Washington National Airport for $35.5 million, giving it a foothold for further expansion on the East Coast. During an auction of Eastern assets last week, United Airlines had put in the top bid of $35.5 million for the gates and slots at Washington National. But the Justice Department blocked the sale on antitrust grounds.
