According to the US Treasury's Air Transportation Stabilization Board
website:


http://www.ustreas.gov/offices/domes...activity.shtml

Northwest Airlines http://www.nwa.com is _not_ among those airlines
who have applied for and received so-called "bailout" funds from the
Federal Government, nor are any of the other largest US Airlines, with
the exception of UAL who have yet to have any of their applications
approved.

Interestingly, HR2926 authorized $15B, of which $10B were loan guarantees
(UAL case) and $5B in direct grants. Oddly, there is no mention of any
grant funds being requested nor dispersed via ATSB though the industry
stated losses were claimed to be $330M/day and would have qualified for the
grants. Lou Dobbs made the assertion on his 9/15 program that NWA had spent
$400M of these funds on Airbus acquisitions. That may have been citing the
documentary snippet 'American Jobs' that he was borrowing from that week. I
note there is no mention of this assertion in the transcripts of that day's
program. Nor have I found a retraction in subsequent programs. I e-mailed
CNN/Lou Dobbs for clarification on this assertion. Interestingly, I found
another assertion elsewhere that 50 percent of Airbus derives from US
sources8^) I have no real problem with globalized industries, other than
valued technologies are virtually given away. However, U.S. deflation is a
relatively painful process though it's at least 25 years overdue. The flip
side may mean we do things a heap smarter domestically sooner rather than
later.

Frank
[way off topic]