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Old 01-18-2010 | 01:35 PM
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tsween
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Originally Posted by indapit
Profit sharing has nothing to do with whether or not XJ will file for bankruptcy. If Delta just stops giving them money.....XJ is bankrupt. Thats what happened when XJ was owned by MAIR. Northwest filed for bankrupcy and defaulted a $25 million payment to XJ. XJ was making money right up until the point where NW stopped paying them.
this was prior to NWA buying Mesaba so it is a moot point
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