U.S. approval set for Northwest/KLM link

Article Abstract:

The Dept of Transportation issued preliminary approval on Nov 16, 1992, for the merger of Northwest Airlines and KLM Royal Dutch Airlines. The US and the Netherlands had signed a treaty in Sep 1992 clearing the way for such mergers.

KLM

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U.S., Netherlands sign 'open-skies' pact

Article Abstract:

The US and the Netherlands signed an air treaty on Sep 4, 1992, that removed most of the restrictions on flights between the two countries. Northwest and KLM hoped to take advantage of the 'open-skies' pact by merging.

United States, Netherlands, International aspects, United States foreign relations, Air travel, Dutch foreign relations

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Continental accepts Air Canada bid

Article Abstract:

Continental Airlines Holdings on Nov 9, 1992, accepted an offer of $450 million from Air Canada and Air Partners for its airline unit Continental Airlines. Continental Airlines filed for bankruptcy in Dec 1990.

Management, Continental Airlines Inc., Air Canada, Continental Airlines Holdings Inc., CTA

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