September 30, 2005 - The Machinist Union will serve on the Official Committee of Unsecured Creditors in the Northwest Airlines bankruptcy case. A United States Trustee appointed the IAM to a seat on the eight-member committee made up of select Northwest Airlines creditors.
The purpose of the committee is to represent the interests of the class of unsecured creditors by monitoring the debtor's operations during the bankruptcy case and by expressing its opinion as to the best means to achieve a successful reorganization.
Also appointed to the Committee are ALPA, Airbus, Bombardier, HSBC, Sky Chef, US Bank and GE.
