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Today, Northwest Airlines Corporation rang The Opening Bell(SM) at
the New York Stock Exchange, a subsidiary of NYSE Euronext (NYSE:
NYX), to celebrate the company's listing on the NYSE and emergence
from bankruptcy.
"We extend a warm welcome to Northwest Airlines Corporation as it
joins our family of NYSE-listed companies," said NYSE Euronext CEO and
Director John A. Thain. "We look forward to a strong and lasting
partnership with the company and to providing them with the superior
market quality and unsurpassed brand visibility of the New York Stock
Exchange."
Northwest Airlines, one of the world's largest airlines with a
market cap of $7.1 billion, began regular-way trading today on the
NYSE under the ticker symbol "NWA."
Northwest Airlines joins other NYSE-listed companies in the
airline sector including Delta Air Lines (NYSE: DAL) which celebrated
its re-listing on May 3 after successfully emerging from bankruptcy.
Other NYSE-listed airline companies include Southwest Airlines Co.
(NYSE: LUV) with a market cap of $12 billion and Air France KLM (NYSE:
AKH) with a market cap of $11.5 billion. This brings the total number
of airlines companies listed on the NYSE to 16 with a total market cap
of over $66 billion. For more information on NYSE-listed please visit
http://www.nyse.com/airlines.
"Northwest Airlines is pleased to be trading once again on the
NYSE," said Doug Steenland, Northwest Airlines President and Chief
Executive Officer. "It is appropriate that we trade in the market
under the ticker symbol "NWA" which is the well-known symbol for
Northwest Airlines which our customers see on our aircraft, at the
airport, on our web site, and now investors will recognize it as it
crosses the ticker tape at the New York Stock Exchange."
About Northwest Airlines Corporation
Northwest Airlines is one of the world's largest airlines with
hubs at Detroit, Minneapolis/St. Paul, Memphis, Tokyo and Amsterdam,
and approximately 1,400 daily departures. Northwest is a member of
SkyTeam, an airline alliance that offers customers one of the world's
most extensive global networks. Northwest and its travel partners
serve more than 900 cities in excess of 160 countries on six
continents.
About NYSE Euronext
NYSE Euronext, a holding company created by the combination of
NYSE Group, Inc. and Euronext N.V., commenced trading on April 4,
2007. NYSE Euronext (NYSE Euronext: NYX) operates the world's largest
and most liquid exchange group and offers the most diverse array of
financial products and services. NYSE Euronext, which brings together
six cash equities exchanges in five countries and six derivatives
exchanges in six countries, is a world leader for listings, trading in
cash equities, equity and interest rate derivatives, bonds and the
distribution of market data. Representing a combined $28.5
trillion/EUR 21.5 trillion total market capitalization of listed
companies and average daily trading value of approximately $123.4
billion/EUR 92.4 billion (as of March 31, 2007), NYSE Euronext seeks
to provide the highest standards of market quality and integrity,
innovative products and services to investors, issuers, and all users
of its markets.
Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements,
including forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements include, but are not limited to, statements concerning NYSE
Euronext's plans, objectives, expectations and intentions and other
statements that are not historical or current facts. Forward-looking
statements are based on NYSE Euronext's current expectations and
involve risks and uncertainties that could cause actual results to
differ materially from those expressed or implied in such
forward-looking statements. Factors that could cause NYSE Euronext's
results to differ materially from current expectations include, but
are not limited to: NYSE Euronext's ability to implement its strategic
initiatives, economic, political and market conditions and
fluctuations, government and industry regulation, interest rate risk
and U.S. and global competition, and other factors detailed in NYSE
Euronext Registration Statement (document de base) filed with the
French Autorite des Marches Financiers (Registered on November 30,
2006 under No. 06-0184), 2006 Annual Report on Form 10-K, as amended,
and other periodic reports filed with the U.S. Securities and Exchange
Commission or the French Autorite des Marches Financiers. In addition,
these statements are based on a number of assumptions that are subject
to change. Accordingly, actual results may be materially higher or
lower than those projected. The inclusion of such projections herein
should not be regarded as a representation by NYSE Euronext that the
projections will prove to be correct. This press release speaks only
as of this date. NYSE Euronext disclaims any duty to update the
information herein.
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