A New York bankruptcy court judge on Wednesday said Northwest Airlines Corp. may return aircraft it is leasing but said the carrier has to give five days notice to the planes' owners.
Eagan, Minn.-based Northwest, the nation's fourth-largest carrier, filed for bankruptcy protection Sept. 14. Company executives have blamed skyrocketing fuel costs and competition from low-cost carriers for its insolvency.
Wednesday's order affects 108 planes, some of which are in use. The airline has filed a motion which requests approval to surrender another 100 aircraft.
The airline initially asked that it be allowed to offer three days notice of its intention to reject an aircraft's lease -- the surrender of a plane. Companies leasing the craft had asked for notice of 10 days.
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